China: The Looming Giant
Unlike the United States, China's is working to dramatically increase its access to energy, both domestically and abroad
By Institute for Energy Research —— Bio and Archives--November 1, 2009
Canadian News, Opinion | Comments | Back To Full Article
While China's Gross Domestic Product is currently less than half of the United States, China's economy is expected to exceed the U.S.'s in just 15 years. Unlike the United States, China's is working to dramatically increase its access to energy, both domestically and abroad. While the Obama Administration pulls back oil and gas leases,[1] halts a program to allow commercial oil shale leasing,[2] keeps new offshore energy exploration under lock and key,[3] and pushes for an energy tax under the name of cap-and-trade,[4] China is securing and expanding its energy resources around the world and at home.
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