How much energy did China burn through last year? 2252 million tons of oil equivalent (sources include oil, nuclear power, etc) – only about 4 per cent more than the US, who, in all fairness, still consumes the most energy per capita.
A different metric? Three years ago, China was the world’s biggest exporter of coal. Now it’s the leading importer. And last year, for the first time ever, Saudi Arabia sold more oil to China than the US.
Given that China’s consumption will give them more negotiation power in the world’s power market, it may be a good time to buck our trend of a mere 2.5 per cent energy efficiency increase per year. [CNN via CrunchGear and image]