The European Union and the United States both rely on abundant and reliable electricity for every sector of their economies. Over the past decade, however, the two economic powerhouses have pursued notably different approaches to their electricity markets. Nations in the EU, in a quest to reduce the carbon emissions associated with fossil fuels, have mandated a shift toward the use of solar, wind, and other renewable-energy sources. The U.S. and its state governments have taken a far less intrusive approach, while at the same time expanding the development of natural gas and other fossil fuels.
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