CHART: China And The US Are Too Reliant On Energy For Growth

China is the world’s largest energy consumer, using 12,274.6 million tons of oil equivalent in 2011. The U.S. is the world’s second largest energy user and until 2000 was the world’s largest.

Today Bloomberg BRIEF’S Michael McDonough tweeted this chart that shows that the U.S. and China are still heavily reliant on energy for growth, as compared to Japan.

china us too dependent on energy for growth chart

Photo: Michael McDonough

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.