Mark Levine: Lawrence Berkley Labs
Myth vs. reality on China
- cooperation between countries is essential. currently great mistrust between the two groups, and that in prevents real discussion.
myth: subsidized pricing gives China an advantage
fact: energy prices in China are @ international level or higher.
GZ resident pays USD.16/ Kwh more than SF & coal prices in China are higher than US
myth: China is profligate in its use of energy
reality: China uses 1/8th the average of US resident & 1/4 EU
Myth: China will overtake US as CO2 emitter
reaity: not so fast… in 2008 sure, but that isn’t relevant
- on a percapita basis, China is actually below global average
- on a cumulative basis, which is the really relevant number for GW, China is FAR FAR less than US
Myth: China is doing little to control CO2
reality: target 20% intensity reduction by 2010 (1.5 billion metric ton reduction) – on path for 1 billion+
Myth: China is inefficient in its energy use
Reality: Industry consumes 70%, with energy intensities declining.
Myth: China is hogging oil imports
Reality: China imports, while growing, are very small trade (currently 4 million import of 55 million total traded)
Myth: China uses more coal than anyone
Reality: on per capita basis, China consumes just slightly more than the US.
china.lbl.gov/databook
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Do to the lack of coal china is facing the problem of the Energy resource.
Adonis.
Actually, China has no shortage of coal. It is short of coal transport.
I have covered this actually at All Roads, and here is a link to the coal coverage there.
R