December 2006

Trends and Resources

HP Impact: As China's energy use rises, government regulates conservation

In the first half of 2006, China's energy consumption per unit of gross domestic product (GDP) rose by 0.8% over the same period of 2005. "It is a huge challenge for China to reach its energy-saving g..

Weirauch, Wendy, Hydrocarbon Processing Staff

In the first half of 2006, China's energy consumption per unit of gross domestic product (GDP) rose by 0.8% over the same period of 2005. "It is a huge challenge for China to reach its energy-saving goal, which was announced by the central government at the beginning of 2006, says an analysis from FACTS Global Energy (www.FGEnergy.com). The goal is to cut per unit GDP energy consumption by 4% this year and reduce energy consumption by 20% by year-end 2010. Energy consumption. In the first half of 2006, the growth in energy consumption nationwide was higher than the country's economic growth. Energy consumption went up in coal mining, oil and petrochemicals sectors, nonferrous metals

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