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Unit 1 Micro: Who Consumes the World’s Energy
16th September 2012
Questions in the data response part of the Micro paper often want students to explain some of the factors that influence the demand or supply of the particular commodity found in the stimulus material and its impact on price. The graphic below looks at how China's consumption of global energy from 2000 to today has risen, far outstripping the US' consumption and no doubt contributing to the high energy bills we're all now facing.
The fantastic infographic below that looks at the negative externalities associated with this growth in energy consumption.
"China has surpassed the US to become the world's largest emitter of carbon dioxide."