In The Australian’s article Challenge of our times: harnessing the resources boom (http://www.theaustralian.com.au/business/opinion/challenge-of-our-times-harnessing-the-resources-boom/story-e6frg9if-1226140353839), the author discusses how the abundance of resources, and the plentiful investments in those resources, are going to create an economic boom for Australia, which has felt the impact of the global economic crisis as much as most countries. One of the most promising resources for Australia is LNG, or liquid natural gas. Australia currently supplies about 10% of the world’s natural gas. I think that trying to get to some of this natural gas will be difficult, and will require innovative thinking on the part of the engineers working for the LNG companies. One of the things, the article mentions, that Australia should do will its future wealth from its resources, is invest heavily in its education system. I think this is a very wise decision, and the money couldn’t be better spent. Increasing its academic prowess would put Australia closer toward the forefront of the world powers.
Sunday, September 18, 2011
Australia's Resources Could Influence Engineering and its Culture
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I think that Australia has the potential to be a world power if they plan and utilize this LNG resource correctly. I couldn’t agree with you more with the idea that a significant amount of their investment should go into the education system (at least at the college/university level) so that younger generations will be able to utilize this resource which may take some time to extract and affectively use. This project of extracting the liquid natural gas will not only require the Australian engineers and businessmen working together, but also other nations who are interested in investing in the Australian project. (engr 103)
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