Energy consumption in China surpasses U.S.
According to a report by U.S. Global Investors – Investor Alert, BP published its June 2011 Statistical Review of World Energy last week. Global primary energy consumption recorded a 5.6% increase in 2010 – the largest since 1973. Interestingly, China’s energy consumption grew by 11.2% to make up 20.3% of the world total, eclipsing the U.S. for the first time.
Source: U.S. Global Investors – Investor Alert, June 10, 2011.
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