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Energy Demand Climbs in India and China/Nuclear, Hydro and Gas Projects Grow, but Coal Remains Dominant, Business and Industry Trends Analysis

China:  China has become the world’s biggest energy consumer by many estimates, surpassing the U.S.  China continues to rely on coal for a major portion of its electricity needs, but it is investing heavily in other resources.  China is industrializing and modernizing at a very rapid rate.  As a result, its demand for energy is booming, due both to a rise in its industrial base and to rapidly growing middle and upper classes that are clamoring for automobiles, larger houses and other energy-guzzling items such as TVs and home computers. Today, China imports oil from sources all over the world. …

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