Thursday, January 6, 2011
China Meets Goal of Reducing Energy Intensity by 20% from 2005 to 2010
China claims that the goal of reducing energy intensity by 20% over 5 years has been met. The article should state BTW that energy intensity was cut 14.4% "by" 2009 not "in" 2009. A lot of us were skeptical that China could achieve this target. Two things helped achieve the target:1. Revisions to GDP that resulted in the growth rate of GDP in the earlier years of the period being revised up.2.
Labels:
China,
Economic Policy,
Energy
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