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This section covers energy, the environment, minerals, mining and utilities. The energy and resources sector is strongly linked to economic success and development. We have seen economies experience GDP growth of double figures upon the discovery of resources such as oil, gas or high value minerals. Also, industrial growth is strongly linked to adequate supply of reasonably priced energy. The supply of cheaper shale gas in major economies such as UK, US and Canada has reduced energy costs and brought manufacturing back to these economies leading to an increase in employmnet and GDP. The strength of the mining industry in Australia in the last twenty years has led to sustained growth in the economy during this period.
However, the energy and resources sectors need to consider their environmental impact. This is a heavily regulated sector where the impact on the environment must always be considered. Government's are motivated to encourage alternative and renewable energy use where possible and offer incentives to do so. Nuclear energy, shale gas, recycling are all part of the energy conversation in today's world.
Renewable energies such as wind, solar, thermal, hydro and biomass fuels have all grown market share in recent years.
Research and Experts provide uptodate market reports on key sectors within the energy and resources market helping companies make the most informed decisions.