as Largest Energy Consumer Is the Story of the Past Decade The mainstream
press is abuzz this week with the that the United States, after 100+ years, has
now been surpassed as the world No. 1 energy consumer. IEA Paris, following the
BP Statistical Review in June, has decided to call this race in favor of China.
However, this is really not a story of today. Rather, it a story of the past
decade. Only the confluence of several powerful forces could have delivered
China to its current position. The Cheap
Christian Louboutin Shoes press should have been paying closer
attention. Moreover, the real story here is in China growth Cheap
Christian Louboutin Flats in coal consumption energy source China drew
upon Christian
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Let take a look first at BP data assessment for 2009 energy use, vs. Christian
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oil equivalent. This is a unit of energy, not volume, and measures BTU. Also, a
note: Christian
Louboutin Platform Sandals IEA Paris apparently is including Hong Kong
in their data so I have added Hong Kong also to mainland China from the BP
Statistical Review (which tracks them separately). For 2009, BP has China edging
the USA by nearly 19 mtoe, and IEA Paris has Christian
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82 mtoe. see below: BP vs IEA Paris: China and USA 2009 Energy Use in MTOE
(click to enlarge).
What the chart doesn tell you is the composition of each country energy
consumption. While many are aware the US is a heavy user of oil, there is less
attention paid to China heavy use of coal. Let compare Christian
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nearly 39% of total energy use from all sources. But in China, oil Christian Louboutin
Outlet barely represents 19% of total energy use. Most important of all:
China coal use is four times its oil use.
Whereas in the United States oil demand is not a reflection of strong
exports, in China the extraordinary mix of coal to oil use is very much of a
reflection of worldwide manufacturing, and global demand for those goods.
http://www.christianlouboutinus.com/ In other words, China is
just a place where the world performs a great deal of its physical labor.
Perhaps this is why Beijing is with this week media focus on the country energy
demand. Or, perhaps not. China appears to be refuting Christian
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salient point: much of that coal demand is from you and me, here in the West.
China coal consumption is merely our own power consumption, offshored. And while
the composition of that demand will surely tip in the years ahead to a more
domestic focus in China, this is yet another illustration that the world demand
for energy is still very much satisfied not by oil, but by coal.
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