Climate change rate could be faster than thought, study suggests

China's carbon emissions could be nearly 20% higher than previously thought, a new analysis of official Chinese data showed on Sunday, suggesting the pace of global climate change could be even faster than currently predicted.

China In Search of Energy Security – Chávez Lays Welcome Mat

President Hugo Chávez has long desired to minimize his country’s economic dependence on the United States, and since China’s huge and growing energy demands have resulted in expanded business with Venezuela, he may very well get his wish. Beijing and Caracas have a history of affable diplomatic ties, which in recent years have been strengthened by several multibillion-dollar oil-exploration deals that are providing China with a broadening spectrum of new sources of energy while helping to revive Venezuela’s wilting economy. With its petroleum consumption climbing 7.5 percent per year, China represents a significant and growing long-term source of income for Venezuela.

China's Pending Energy Crisis

As mature economies like the U.S. and Europe sputter postrecession, China has caught the world's attention as an economic power. The country's nearly double-digit growth is the envy -- and the concern -- of the traditional economic powers of the world.

One thing China needs to keep its economy clicking is fuel -- lots and lots of fuel. And for China, that's becoming an increasingly dangerous problem.

Oil-hungry China needs energy security rethink

Beijing’s decision to suspend approval for new nuclear facilities in the aftermath of the Japanese nuclear crisis caught world markets by surprise and suggested a Chinese energy policy in crisis. But it is vulnerability to oil market disruptions emanating from ongoing events in the Middle East, not the ability to diversify future power supply, which is currently upending China’s energy game plan.
China’s recent nuclear decision, driven by short-term politics, is not likely to change its long-term energy path. The country’s oil dependence, however, is a much more pressing concern. China’s economy is more oil intensive than either America or Europe, while half of its imported oil comes from the Middle East and north Africa, compared with one-quarter for the US. If crude stays at current prices China will spend more on oil this year than it earns selling goods to the US.