[Peakoil] Energy saving drive may be wasted - China

[Antony Barry]

Energy saving drive may be wasted - China

Source: Asia Times

"To curb wasteful energy consumption that has arisen because of the  
pursuit of high-speed growth in gross domestic product (GDP), PRC has  
begun to introduce energy efficiency as a yardstick to evaluate the  
performance of local officials. However, if Beijing fails to find  
effective measures to stop the malpractice of falsifying economic  
statistics at the localities, the new yardstick could well be  
distorted to serve local interests.

As the size of the economy grows, China tends to be more energy  
inefficient. In 2003, growth in energy consumption was 1.3 times  
growth in GDP, but in 2004 this surged to 1.6 times. When energy  
consumption outpaces growth, that means China is wasting valuable  
resources, worsening pollution and incurring more frequent fatal coal- 
mine disasters."

Full article: http://www.atimes.com/atimes/China_Business/HF27Cb01.html

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