Difference between revisions of "Increasing Commitment from China"
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China urbanization rate will reach 50% by 2020 and the car market will still increase.[http://english.peopledaily.com.cn/90001/90778/90862/6848826.html]<br> | China urbanization rate will reach 50% by 2020 and the car market will still increase.[http://english.peopledaily.com.cn/90001/90778/90862/6848826.html]<br> | ||
The increasing oil consumption[http://www.guardian.co.uk/business/datablog/2010/aug/03/us-china-energy-consumption-data]<br> | The increasing oil consumption[http://www.guardian.co.uk/business/datablog/2010/aug/03/us-china-energy-consumption-data]<br> | ||
Expected China total peak production: 2015-2020[http://en.wikipedia.org/wiki/Peak_coal] <br> | |||
The People's Republic of China is the worlds largest coal extractor and has the second largest reserves after the United States. The Energy Watch Group predicts that the Chinese reserves will peak around 2015.The EWG also predicts that the recent steep rise in production will be followed by a steep decline after 2020. The US Energy Information Administration projects that China coal production will continue to rise through 2030.<br><br> | |||
==Paradigms:== | ==Paradigms:== | ||