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Tuesday, July 20, 2010

China Passes U.S. as World's Biggest Energy Consumer, IEA Says

As goes production, so goes wealth creation. Energy consumption is a function of production and consumption. China is world's biggest energy user last year.

China overtook the U.S. as the world’s biggest energy user last year, emphasizing that developing nations are driving global growth, according to the International Energy Agency.

Source: bloomberg.com

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