The International Energy Agency (IEA) says the world is going to need one-third more energy, primarily from oil and coal, by 2035, as demand from China, India and the Middle East continues its dramatic growth. Most objective students of the world’s fossil fuels do not believe that the sources of that energy exist.
In its annual report titled World Energy Outlook, the IEA said “It is hard to overstate the growing importance of China in global energy markets.” Continue reading