Coal in China

China has encouraged rapid export-led economic growth as a way of putting off dealing with its internal political and social problems. Economic growth requires energy, and China’s energy comes overwhelmingly from coal. The nation’s short-term survival strategy thus centers on producing enormous quantities of coal today, and far more in the future. (Excerpts)

World oil reserves and future production

Ray Leonard, Vice-President-Eurasia with Kuwait Energy Company, wrote in a 2001 paper: “By 2010, [oil] production … will start to rapidly decline. This will conflict with the steadily increasing demand for oil. The collision of these two trends will lead to shortages and increased prices, providing a strong incentive to shift to alternative fuel resources…Due to unequal distribution through the world of oil and gas supply and consumption, [the upcoming] transition will result in significant shifts in global power and wealth.”