Tuesday, July 20, 2010

CHINA PASSES U.S. as world's biggest energy consumer: “China devoured a total of 2,252 million tons of oil equivalent last year, or about 4% more than the U.S., which burned through 2,170 million tons of oil equivalent. The oil-equivalent metric represents all forms of energy consumed, including crude oil, nuclear, coal, natural gas and renewable sources such as hydropower….China's total energy consumption has clocked annual double-digit growth rates for many years, driven by the country's big industrial base. Highlighting how quickly its energy demand has increased, China's total energy consumption was just half the size of the U.S. 10 years ago…. The U.S. is still by far the biggest energy consumer per capita, with the average American burning five times as much energy annually compared with the average Chinese citizen.”

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