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2024

China Surpasses Europe in Per Capita Energy Consumption

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“China has changed the energy world, but now China is changing,” the International Energy Agency  (IEA) reported in their 2023 flagship World Energy Outlook. The second-largest economy in the world has saturated its own market. After years and years of building roads, buildings and other infrastructure as fast as it possibly could, the vast Chinese domestic market is finally just about tapped. But while China’s economic growth is plateauing, its energy demand just keeps growing. After decades of breakneck growth,…