In the past 30 years or so, the energy prices in the global market have been up and down just like a Coaster, and it has climbed to a historical high point. The energy consumption in the whole world has also doubled. Although the developed countries r...
In the past 30 years or so, the energy prices in the global market have been up and down just like a Coaster, and it has climbed to a historical high point. The energy consumption in the whole world has also doubled. Although the developed countries represent most part of the global consumption, the world has seen that the emerging economies consume more and more energies. In the near future, we may rest assured that there will be enough energy reserve for consumption. But for the coming decades, with the oil prices increasing, the prices of coal, natural gas and other kinds of energies will also climb. No doubt, governments should reconsider their energy strategies. This paper is to put forward some policy recommendations to China's energy strategy on the basis of analysis of the main characteristics of the strategies by the US, Japan and the EU.