From The Blog - Weekly Talks

Tight Corners in China：The Contradiction Between Coal and Oil

Unlike U.S. and Japan, China's main concern about energy issues is quite simple: How to use the existing resources in a faster and betterway---- for China is not a developed country, it's too early for Chinese to claim that they should copy the energy-use model of others. But, environmental issues, which has been brought by the widely use of coal, and energy-shortages, which has been brought by the over-exploitation of oil, have headed above the surface of China's flourishing nowdays. The Contradiction Between Coal and Oil reflects the awkward situation hidden in China's energy structures, which is somehow unbalanced by the measures of many aspects. One of these aspect is, there are abundant coal resources to be used as the energy pillar of this country, but the demand of upgrading of the structure of energy and the deteriorating environment will be considered as the important reason to make decisions which will ...Click here to read more »