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Tag Archives: China
Why World Coal Consumption Keeps Rising; What Economists Missed
A primary reason why coal consumption is rising is because of increased international trade, starting when the World Trade Organization was formed in 1995, and greatly ramping up when China was added in December 2001. Figure 1 shows world fossil … Continue reading
Posted in Alternatives to Oil, Energy policy, Financial Implications
Tagged China, coal, economists, fossil fuel, India, international trade, Kyoto Protocol, oil leverage, recession
59 Comments
Energy Leveraging: An Explanation for China’s Success and the World’s Unemployment
If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources. From an employer’s point of view, there are basically three kinds of energy, from most to least expensive: Human energy Petroleum energy Everything … Continue reading
Posted in Energy policy, Financial Implications
Tagged China, employment, energy, fossil fuels, oil, oil prices, recession, unemployment
116 Comments
Climate Change: The Standard Fixes Don’t Work
World leaders seem to have their minds made up regarding what will fix world CO2 emissions problems. Their list includes taxes on gasoline consumption, more general carbon taxes, cap and trade programs, increased efficiency in automobiles, greater focus on renewables, … Continue reading
Posted in Energy policy, Financial Implications
Tagged carbon dioxide, China, climate change, CO2, CO2 emissions, coal, elasticity of oil supply, jobs, natural gas, oil supply
122 Comments
The Close Tie Between Energy Consumption, Employment, and Recession
The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading
World Energy Consumption Since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use. With energy consumption rising as rapidly as shown … Continue reading

