lecture note 9

According to the international energy agency energy

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Unformatted text preview: energy demand in OECD countries is expected to fall slightly by 2015. In 2007, these nations used around 5.5 billion tonnes of oil equivalent, compared with 6.2 billion tonnes in non-OECD countries. That gap is expected to widen, because the annual rate of growth of non-members’ energy use is predicted to be more than ten times that of member economies between 2007 and 2030. China’s energy demand will overtake America’s by 2015. By 2030 China and India together are expected to account for almost a third of global energy use. By then, the world will consume 16.8 billion tonnes of oil equivalent. Coal will fuel the bulk of China’s increased energy use. Reprints & permissions Markets and data All markets and data Daily chart Weekly indicators World markets http://www.economist.com/markets/indicators/displaystory.cfm?story_id=14857237 12/27/2009 3. The Linder hypothesis 4 (1) Heckscher-Ohlin theory is fine for primary products. (2) However, manufactured goods do not exist "in nature". (3) Entrepreneurs create ne...
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This document was uploaded on 03/09/2014 for the course ASTRO 3730 at Colorado.

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