China admits to climate failings

…Yet, with a fifth of the world’s population, China consumes only 4% of the world’s daily oil output, importing about three million barrels a day.

But its unrelenting economic growth will continue to fuel a voracious appetite for energy.

Current plans call for the opening of a new power station every week, most of them coal-fired.

The World Bank estimates that China will grow at 6% per year over the next 15 years, twice the rate expected for the world economy as a whole.