China Is Winning the Energy Race
Stop the presses. The United States is no longer the world’s biggest consumer of energy.
After topping the energy consumption charts for more than a century, the U.S. has been left behind as China leapfrogged past. According to the International Energy Association’s (IEA) latest report, China burned its way through 2,252 million tonnes of oil equivalent last year – about 4% more than the U.S.
(The oil-equivalent measure is a bundle of all forms of energy consumed, including crude, coal, nuclear, natural gas, and renewable resources.)
That’s an astonishing turnaround, according to IEA chief economist Fatih Birol, who noted that as recently as 2000, the U.S. consumed twice as much energy as China.
http://www.zerohedge.com/article/guest-post-china-winning-energy-race
http://www.caseyresearch.com/crpmkt/crpSolo.php?id=193&ppref=ZHB193ED0810A
Wow, that really puts things into perspective.. in 2000, the US used TWICE as much energy as China, and now in 2010 China has eclipsed us and is still growing while we're in sharp decline.
Not that using more energy is exactly a good thing, in the context of peak oil. But eyeballing that chart, looks like the US is more than twice as dependent on oil than China is. While oil is a huge portion of our energy mix, it looks like in China oil is about the same as hydro power.