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StockTwits
07-13-2010, 12:30 PM
The Oil Drum: Europe | The Chinese Coal Monster (http://abnormalreturns.com/links/166530/visit) (europe.theoildrum.com)
by nelderini about 1 hour ago
Data are taken from the 2010 BP statistical review of world energy - both a priceless but flawed resource. BP provide annual coal production figures in tonnes and tonnes oil equivalent (TOE) from 1981 and consumption figures in TOE only from 1965. Hence to make a production / consumption balance comparison it is necessary to use TOE. In China, 1 TOE is close to 2 tonnes coal - so simply double the TOE numbers to get at the approximate tonnages. Note that the energy c

read more... (http://abnormalreturns.com/links/index?date=07/13/2010#166530)