Thursday, June 09, 2011

Damn reality, full speed ahead: As Chinese energy use surges 11.2 % and as they burn 48% of the world's coal, Fraudster Al expects China to show impressive emission reductions

Al's Journal : Developing Countries are Leading the Way
"- The emission reductions of China, India, South Africa and Brazil -- the BASIC countries -- could be slightly greater than the combined efforts of the 7 biggest developed countries -- the US, Europe, Japan, Canada, Australia, New Zealand and Russia by 2020."
Flashback:  Developing countries lead surge in energy demand - Yahoo! Finance
Consumption in the world's richest countries grew by 3.5 percent, the most since 1984, bringing it back to the level of a decade ago, BP said. Consumption in developing countries -- particularly resource-hungry ones in Asia and South America -- logged a 7.5 percent increase.

"By year-end, economic activity for the world as a whole exceeded pre-crisis levels driven by the so-called developing world," said Christof Ruehl, chief economist for BP.

Last year's surge was led by China, which increased its energy consumption by 11.2 percent, according to BP.

That moved China ahead of the United States as the world's biggest consumer of energy, accounting for 20.3 percent of global demand compared with 19 percent for the U.S., the report said.
...
China was by far the world's largest consumer of coal, taking 48 percent.

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