2 Economic growth and energydemand
This chapter analyzes the relations between economic growth and the energy status of China and India. Population growth (urbanization), expansion of transportation, and high economic growth are the main drivers for rising energy demand. By energy type, fossil fuels (coal, oil and gas) will continue to dominate energy demand for decades ahead in both countries. But both countries’ domestic oil and gas supplies can not meet the increasing demand.
2.1 Energy demand drivers
As China and India are emerging economies, high GDP growth, population growth (urbanization), and rapid expansion of transportation are the main drivers for their rising energy demand.
GDP growth
China and India are emerging giants in the world ...
Get China and India now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
