Saturday, April 26, 2008
China uses coal for approximately 70% of its electricity generation. And it looks like their demand is growing too quickly for their supply. According to recent reports, their coal supply is down to 12 days fo demand, 3 days less than just last month. In some highly populated areas, supplies are sitting at less than a week of the regional demand. At this rate, China will not be able to meet demand by the end of the summer. Is China going to be able to keep the lights on, and the factories whirring?
Posted by Melissa C. Lott at 10:38 AM