Europe: Power Struggle

Among all the other economic changes that are taking place in Europe, one that has gone almost unnoticed outside the Continent itself is an upheaval among Europe's sources of energy. By 1970, the Common Market's need for power to fuel its growth will have almost doubled. To Europe's coal industry, long the basic power supplier of the Continent, this need should be good news—but it is not. Just as the U.S. switched in the late 1940s from dependence on coal to oil and natural gas, Europe today is undergoing a basic power change that threatens its $7 billion coal industry...

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