China is world's largest energy consumer, says report


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PARIS // China has overtaken the United States as the world's largest energy consumer, the International Energy Agency said. China immediately questioned the calculation. The Paris-based agency said China's 2009 consumption of energy sources ranging from oil and coal wind and solar power was equal to 2.265 billion tons of oil, compared to 2.169 billion tons for the US. According to the IEA statistics, China's energy consumption has more than doubled in less than a decade, from 1.107 billion tons in 2000 - fueled by its burgeoning population and rapidly growing manufacturing- based economy. Energy consumption is a touchy topic for China, which is sensitive to complaints it is pushing up prices on global markets and adding to pollution and emissions of climate-changing gases. An official with the Chinese Cabinet's National Energy Administration cast doubt on the IEA's statistics, according to a report by the official Xinhua News Agency. "IEA's data on China's energy use is unreliable," said Zhou Xian, adding that the agency "still lacked understanding about China's relentless efforts to cut energy use and emissions, notably the country's aggressive expansion of new energy development." The report cited data from China's National Bureau of Statistics that said China's energy consumption last year was equal to 2.132 billion tons of oil - less than the IEA figure.

The IEA's head economist, Fatih Birol, told The Associated Press that the organisation had used the same sources and methodology as always in compiling the 2009 statistics, which he said were in line with the trend for the past decade. "The trend is undeniable that the Chinese energy consumption is growing very strongly - which is very legitimate, by the way, considering their population, and the energy from the OECD countries - the US, Europe and Japan - is stagnating. They are two major undeniable trends," Birol said in a telephone interview. "There's nothing specific from this year, it's all the same methodologies we used before." He said that per capita, the United States still consumes five times more energy than China. Birol also emphasised China's status as the world's leader in wind and solar power and said the country was also making "major efforts" in nuclear power. China has invested heavily in hydroelectric dams, wind turbines and nuclear power plants in an attempt to cut rising reliance on imported oil and gas, which its leaders see as a national security risk. * AP

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Directed by: Walt Dohrn, David Smith

Starring: Anna Kendrick, Justin Timberlake

Rating: 4 stars

While you're here
Result

UAE (S. Tagliabue 90 1') 1-2 Uzbekistan (Shokhruz Norkhonov 48', 86')

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Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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Director: Sam Raimi

 

Cast: Benedict Cumberbatch, Elizabeth Olsen, Chiwetel Ejiofor, Benedict Wong, Xochitl Gomez, Michael Stuhlbarg and Rachel McAdams

 

Rating: 3/5

 
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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RESULT

Manchester City 1 Sheffield United 0
Man City:
Jesus (9')

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Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

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THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

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