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China's Quest for Energy Resources on Global Markets *
Author(s) -
Konan Denise Eby,
Zhang Jian
Publication year - 2008
Publication title -
pacific focus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.172
H-Index - 12
eISSN - 1976-5118
pISSN - 1225-4657
DOI - 10.1111/j.1976-5118.2008.00019.x
Subject(s) - china , prosperity , energy security , natural resource economics , greenhouse gas , energy demand , business , economics , global warming , energy (signal processing) , climate change , renewable energy , economic growth , political science , ecology , statistics , electrical engineering , mathematics , engineering , biology , law
Economic prosperity in China is accompanied by a growing demand for energy. Heavily reliant on coal and petroleum, continued growth in Chinese energy use will rapidly increase global greenhouse gas emissions at a time when reductions are believed to be urgently needed to stabilize global climate change. By 2050 China will consume an estimated 17 percent of global energy demand. Chinese energy demand impacts global energy security as China's foreign policy agenda involves strategic partnerships with key energy suppliers.