Tuesday, July 10, 2007

Energy use in Japan

Econbrowser has been in Japan and posts this:

Since 1999, total petroleum consumption has declined by 1% per year in Japan, while in the U.S. it has increased by 0.8% per year. Part of the reason is that their economy has been growing at a slower rate (1.6% per year in Japan versus 2.7% per year in the U.S.). But part also is explained by different energy-use habits.