Peak oil notes - Sept 8

[Javaman]

http://www.energybulletin.net/stories/2011-09-08/peak-oil-notes-sept-8

[GliderGuider]

1. Here's an important note about Chinese growth from that article:

Beijing announced that its GDP grew by 10.4 percent last year, an increase of 0.1 percentage points. Manufacturing and construction growth was revised upward to 12.2 percent. After increasing its light vehicle production to 17 million last year from 2 million in 2000, car sales in China are reported to be up by on 5 percent this year vs. 33 percent in 2010. The recent rates of growth were obviously unsustainable. JD Powers estimated that at recent rates of growth, the Chinese would have the capacity to manufacture 31 million cars by 2013.

Keep on rockin'! The faster we can outsource our industrial production, raw material consumption and pollution emissions to China the sooner we can dive into our bright new "information economy" future.