Once you start looking at charts, you just cannot stop, and following my post last week of , I cam across this interesting chart in the post China Adapts to the Climate Change Fashion Show which plots energy intensities for the US and China.
Besides the typically WOW factor of look how much China has improved this figure, it also left me to guess why intensities from 2002 (roughly) to 2004 popped up so much. Could it have been that energy shortages forced investments into quick and dirty coal fired production? Was it perhaps better monitoring? or was is the 20% change in RMB valuation from 8.28 to 7.6.
Inquiring minds wanna know.