China now world’s biggest energy user

China overtook the U.S.

…International Energy Agency

London, England (FT.com) — China overtook the U.S. last year to become the world’s biggest energy user, the International Energy Agency revealed on Monday. Beijing’s new status is expected to make it even more influential in global energy markets, in determining prices and how it is used. China clinched the top slot more quickly than had been expected because the U.S. has over the past decade far outpaced China in using energy more efficiently. On a per capita basis, the U.S. still uses far more energy than China and remains less efficient than Europe. Fatih Birol, the IEA’s chief economist, said: “In the 2000, the US consumed twice as much energy as China, now China consumes more than the U.S.” He noted that the U.S. had improved the efficiency with which it uses energy by 2.5 percent annually during that time, while China managed only a 1.7 percent annual improvement. “On the one hand, the U.S. has come to a certain saturation of energy use, but there have also been lots of…

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China now world’s biggest energy user

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