“The EU, with a population of only 450 million, is close to a joke when compared to the gargantuan populations of China and India with a combined population of close to 3 billion.
Especially when it comes to something like energy or electric power generation or use, which is dependent on the population.”
Oil and gas use is not strictly by population.
India consumes about 60 Million cubic meters of natural gas per year, and the EU about 400. China consumes about 350 per year.
Europe also consumes a bit more oil than China, and almost four times that of India.
Energy and electricity use co relates with population, especially with gargantuan populations like China and India.
Plus Chinese GDP Ia already over FOUR times German GDP, with the gap still growing
I'd much rather have the Chinese/Indian market than the German/EU market any day.
Not much difference between EU and Chinese par head consumption. Only thing is, China has a population close to THREE TIMES that of the EU. And we haven't even talked about the even currently bigger Indian population yet.
Plus China and India have been growing much faster than the EU. Much better to have the Indian/Chinese market than the EU market any day.