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China's Energy Security: Increasing Dependence On Foreign Oil And Solutions Favored By Beijing Students And Researchers

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Chapter Summary

Driven by a rapid increase of energy consumption, the Chinese government favors an all-out approach to energy security, under which as many as possible sources of energy are tapped simultaneously. The first part of this chapter presents an analysis of major Chinese achievements and perceived problems. An increasing dependency on foreign oil imports, high and volatile energy prices, concerns about environmental pollution and global warming, and serious disruptions of the electricity network have put energy security high on the agenda of China's policy makers. In January 2008, 230 advanced (mostly M.A. and Ph.D.) students and staff members at various universities and research institutes were asked to fill in a questionnaire, and their views on energy security are presented in the main part of the chapter. In recent years, China has imported increasing amounts of oil from Sudan, Iran and other countries criticized by the UN.

Keywords: China's energy security; China's national oil companies



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