Primary Commodity Consumption



From the IEA's World Energy Outlook 2007 - I'm about a quarter finished reading the review, but some of the India numbers struck me at surprising.  Of course it is well known that India is a few years behind China in terms of economic development, but graphs such as the one above show just how far behind they are considering the Indians population is rapidly approaching that of China.  What India has is abundant agricultural capacity, but it needs most of it to feed its huge and rapidly growing population, and what India lacks are sufficient natural resource endowments of energy and valuable minerals.

You can see just how much sugar, rice, and wheat the Indians consume, but look at Aluminum and Nickel - tiny yet vital to building modern infrastructure.  India has no significant oil or gas deposits, and India's coal deposits are insufficient both in quantity and quality to satisfy projected demand and future economic growth - in a stark contrast the China's vast, medium-quality coal reserves.  Nevertheless, the IEA projects that India will still greatly increase its energy consumption - to nearly triple present levels - by 2030.

 
Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.