Prospects for the Millennium Resources Boom and Implications for Asia-Pacific Coal and Gas Trade
Dr Quentin Grafton, Executive Director and Chief Economist, Australian Bureau of Resources and Energy Economics
The surge in demand for energy resources from emerging economies – China in particular – has shaken global commodities markets and affected resource fortunes. Whilst oil is an international story, coal and gas is essentially a regional one. Australia and Indonesia in particular have witnessed mining booms and export windfalls. But growth has recently slowed, partly due to the financial crisis and a moderation in China's economic growth, and there is huge uncertainly over the next stage of the so-called millennium resources boom.
The speaker will consider how this is likely to take shape over the next decade; the impacts on the trade in fuels for power and industry; and, how the accompanying environmental stresses might affect countries in the Asia Pacific region and beyond.
This event is part of the Fossil Fuels Expert Roundtable project.
Attendance is by invitation only.