Driving Global Commerce

Last month, the International Energy Agency (IEA) announced that in 2009, China surpassed the United States to become the world’s largest energy consumer. Measured in combined use of crude oil, nuclear, coal, natural gas and other energy sources, China consumed 2.25 billion tons of oil equivalent in 2009, 4% more than the United States. Rather than heralding the beginning of a new era in energy, the announcement merely confirmed what has been clear for some time; China’s growth will be a central driver for the international economy in the years to come. Download here