Jump to ContentJump to Main Navigation
China, Asia, and the New World Economy$
Users without a subscription are not able to see the full content.

Barry Eichengreen, Yung Chul Park, and Charles Wyplosz

Print publication date: 2008

Print ISBN-13: 9780199235889

Published to Oxford Scholarship Online: May 2008

DOI: 10.1093/acprof:oso/9780199235889.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 28 February 2020

China's Coming Demand for Energy

China's Coming Demand for Energy

Chapter:
(p.1) 1 China's Coming Demand for Energy
Source:
China, Asia, and the New World Economy
Author(s):

Richard N. Cooper

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199235889.003.0001

This chapter analyzes the implications of China's growth for global energy markets. It begins by imagining what China will look like two decades from now: China will be the world's second largest economy but still only a third the size of the United States. Its demand for energy will grow three times as fast as that of the United States and more than eight times as fast as that of Japan if current projections are to be believed. At this point it will be consuming one of every eight barrels of oil available worldwide. It will account for nearly 40% of global coal consumption, which is more troubling given the association of coal-based power generation with greenhouse gas emissions. It will depend on foreign sources for much of this energy. It is argued that this dependence on foreign sources, together with China's lack of a large navy and strong naval tradition, will incline it toward a cooperative rather than a confrontational approach to securing its energy supplies.

Keywords:   energy demand, global energy market, energy consumption, energy supply, oil supply, cooperative approach

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .