Technological Insinuation and Value Drivers for Australian Coal through Resource Engineering

Abstract

This research represents the demand and supply of coal as a natural resource and its contribution to the GDP of the country. This is a descriptive research that focuses on technological insinuation and enablers that are important for Australian economy to impart enhanced value to GDP of the country and in turn helps in the economic development of the country. Australia’s resources sector is quite important to the economy and it serves as a catalyst in facilitating global energy preservation and removing energy deficiency. This paper attempts to study the technological implications of the coal as a natural resource and its impact on the Australian economy in terms of it’s efficient utilization through resource engineering. It focuses on the drivers that are indispensable and can be banked upon to increase the value and in turn make the economy self reliant and increasing the optimal utilization of scarce resources