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Articles on Resources

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Motorists in the United States and elsewhere have been treated to low prices. Whether they will bounce back is another question. EPA/CJ Gunther/AAP

Energy firms are waging a price war they might be unable to win

Late in 2014, we saw iron ore and coal prices fall. Now we are seeing oil prices tumble, dipping to less than US$50 a barrel, half the price of a year ago. In all cases, these price collapses reflect the…
China and the US have announced new climate change targets. China says emissions will peak around 2030. Rolex Dela Pena/AAP

US–China emissions deal will put pressure on Australian growth

While most of the world is celebrating the US–China pact on climate change, the deal puts pressure on the Australian government and resources companies to rethink relations with China. The deal, signed…
Australian coal needs to find some new customers. Stephen Codrington/Wikimedia Commons

China’s war on pollution could leave Aussie coal out in the cold

China’s recent move to limit imports of the dirtiest coal from 2015 onwards is a scary prospect for Australian miners. The proposed restrictions will ban the burning of coal with high levels of ash or…
WA’s mining boom has moved to the production phase, creating fresh challenges for the economy. AAP

Changing times: the economic policies WA needs now

One of biggest issues to be addressed in tomorrow’s WA Senate poll - and perhaps one of the most complex, too - is how best to maintain the state’s growth trajectory through the forthcoming period of transition…
The Chinese government is pushing manufacturers, and in particular, steelmakers, to be more energy efficient, reducing demand for Australian coal. EPA/Mark

Increased energy efficiency in China could ‘strand’ Australian mining projects

Rapid increases in energy efficiency in Chinese manufacturing, especially in the steel production sector, will temper demand for Australian coal exports and put billions of dollars in investment at risk…
High costs, confusing regulation and changing markets are troubling Australia’s natural gas industry. Flickr/stevendepolo

More gas exploration isn’t the solution to our problems

Resource Minister Gary Gray has called for greater natural gas exploration and warned that Australia would become less competitive in Asia if industry fails to take heed. But is insufficient exploration…
Australia’s mining companies have intensified their exploration of resources in Indonesia, much to the detriment of local communities. Jeff Lewis

The Australian assault on Indonesia’s riches

Not satisfied with the abundance of our own natural resources, Australian mining companies have spread their interests across the region. Many of these ventures— Ok Tedi, Bougainville, Freeport-Grasberg…
Australia’s boom investment conditions will begin tailing off by 2014, according to a Deloitte Access Economics report - so what does this mean for current labour shortages?

No boom without bust: a cautionary note about mining and employment

Much public discussion around the current mining boom focuses on the lack of qualified staff to fill an expanding employment market. But yesterday’s report by Deloitte Access Economics warning that the…
The population has the best chance of stabilising if we improve the lives of the poor and reign in excessive consumption of the wealthier. Flickr/DaveWilsonPhotography

Challenge 3: Balancing population growth and resources

Welcome to the State of the Future series. This series addresses 15 global challenges posed by the Millennium Project, an international non-profit think-tank collecting responses for 40 nodes worldwide…
Chinese paramilitary police prepare for a storm in the South China Sea. EPA/str

Toeing the U-shaped line in the South China Sea

The lines traversing the surface of the globe are legal fictions that determine the fates of nations. Nowhere is this truer than in the South China Sea. China’s infamous U-shaped line claims most of this…
Many Argentinians are in favour of President Kirchner’s expropriation of oil company YPF, but what impact will it have on the beleaguered nation’s economic growth? AAP

Why Argentina’s oil grab is a massive economic gamble

In mid-April, in the largest nationalisation since Russia’s acquisition of Yukos in 2003, Argentina’s President, Cristina Fernández de Kirchner, seized a majority stake in the oil company Yacimientos Petrolíferos…
Australia has the resources – but the environmental cost could be huge. AAP/Purple Communications

To boom or not to boom? Mineral resources in the Asian Century

AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. Here, Dr Gavin Mudd considers the…
Celebrating: after being seen as a basket case for so long, Brazil’s economy is now powering. AAP

Brazil and Australia: the rise of the southern hemisphere powers

Few countries have been left unscathed by the global financial crisis and it seems that they are all situated in the southern hemisphere. Brazil and Australia are some of them. Recently, their economies…
Former President Lula used Brazil’s commodities boom to secure the country’s future. AAP

A lesson for Australia in Brazil’s resources-driven economic miracle

Brazil has just passed the United Kingdom to become the sixth-largest economy in the world. Only a decade ago such news would have been written off as just another version of the old joke, “Brazil is the…

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