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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: kryptonic6	1/31/2005 8:30:37 PM
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China faces energy shortage news.xinhuanet.com www.chinaview.cn 2005-01-28 09:08:35 BEIJING, Jan. 28 -- China will face electricity shortages this year, as pressure on the country's energy resources continues to outpace production. An official at the National Development and Reform Commission predicts an electricity shortage this year of 25 million kilowatts. He says the country will work on opening up alternative energy channels including the construction of large coal manufacturing bases, speeding up its development of petroleum, natural gas and water as well as electricity. The government will also shut down enterprises that consume too much energy. (Source: CRIENGLISH.com) news.xinhuanet.com

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