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An important clue to European Union thinking about energy comes from a Nov. 18, 1997, communication on environment and employment. "The economies of the European Union are characterized by 'underuse' of labor resources and 'overuse' of natural resources," says the European Commission statement. "This situation has given rise to high unemployment and a heavy environmental impact."
From such thinking flows the commission's latest initiative on energy. It stresses action on energy efficiency and conservation, renewable fuels in power generation, and the environmental effects of conventional energy. Ultimately, it will require new energy taxes and fuel selection by …