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Hey, big spender: China has trebled energy consumption since 1978

The Royal Institution of Chartered Surveyors (RICS) has published an energy fact sheet about China that has some interesting highlights. First of all, China is the world's third-largest energy producer, but it's also the second-largest consumer. This is important because demand will continue to increase and will be reflected in energy prices and, surely, the price we pay for gas at the pump. Nevertheless, 69 percent of China's energy needs come from coal and 71 percent of energy in China is used for industrial production. One interesting ... Read more →

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