China’s rapacious appetite for energy could still drive up global prices for crude and coal.
China.org reports that
China’s May electricity consumption growth slowed from April despite a year-on-year increase of 20.8 percent, indicated statistics released by National Energy Administration (NEA) Sunday. Total electricity consumption reached 348 billion kilowatt-hours (kWh) in May, up 20.8 percent from a year ago, according to the statistics.
Douglas A. McIntyre