From The BBC:
The price of oil has climbed more than $2 a barrel following China’s multi-billion dollar stimulus package aimed at boosting its economy.
China spends, we pay the price. Good thing they will still loan to us to pay the difference.
From The WWF (not the World Wrestling Federation, methinks):
China’s coal bill in 2007 reached a total external cost of 1.7 trillion Yuan ($250bn), equivalent to 7.1 per cent of China’s gross domestic product the same year.
This report is not what I generally think of when I look at costs for energy, as it is from [...]