China is the biggest importer of crude oil to date. It is also the biggest single investor in renewable energy. However you look at it, China has become the most dominant player on several markets, including coal, oil, and renewable energy, plus electric cars—it is already the biggest car market in the world. And this will continue to be so, it seems, for the foreseeable future and even beyond. In an overview of Chinese energy developments for Bloomberg Businessweek, analyst Liam Denning calls China an energy gorilla that will maintain its size until at least 2040, consuming less fossil fuels and investing more in renewable energy. That’s pretty much what IEA said in its latest World Energy Outlook, and it probably didn’t surprise anyone. China has been swinging markets for a while now. Earlier this year, for example, when Beijing announced a firm plan to phase out internal combustion […]