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In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.
This volume, covering metals and minerals, contains chapters on approximately 90 commodities. In addition, this volume has chapters on mining and quarrying trends and on statistical surveying methods used by Minerals Information, plus a statistical summary.
Governance of the World's Mineral Resources: Beyond the Foreseeable Future provides in-depth information on the geological scarcity of mineral resources. The book demonstrates the urgent need to implement sustainable utilization of mineral resources, in order to ensure that these resources will be sufficiently available for future generations too. The availability of resources, especially for modern technologies, is an increasingly important issue. Some key mineral resources are so geologically scarce that their availability for future generations may not only become substantially less, but also much less affordable than for the current generation unless timely measures are taken. This book provides detailed data and calculations of the availability of mineral resources. The book elaborates on whether and how it is possible to keep providing sufficient mineral resources to a growing world population, and for how long. The book details also how and for how much time it will be possible for all countries, worldwide, to achieve and maintain service delivery of raw materials to their population at levels equivalent to those in developed countries in 2020. Governance of the World's Mineral Resources: Beyond the Foreseeable Future is therefore an important source of knowledge for postgraduates, academics and researchers in the fields of environmental science, sustainability, and geology, as well as anyone in the field of mining and economics who need to account for sustainable provision of mineral resources. - Provides a thorough overview of all considerations related to a sustainable production rate of mineral resources - Comprehensively details scarce mineral resources and describes their applications, worldwide in-use stock increases, and sustainable production rates - Covers all aspects of a sustainable production rate of mineral resources, detailing the current challenges and possible global solutions, both technically and from a policy point of view - Includes detailed studies of thirteen different scarce mineral resources and extensive quantitative data from recent studies and in-depth research
As the importance and dependence of specific mineral commodities increase, so does concern about their supply. The United States is currently 100 percent reliant on foreign sources for 20 mineral commodities and imports the majority of its supply of more than 50 mineral commodities. Mineral commodities that have important uses and face potential supply disruption are critical to American economic and national security. However, a mineral commodity's importance and the nature of its supply chain can change with time; a mineral commodity that may not have been considered critical 25 years ago may be critical today, and one considered critical today may not be so in the future. The U.S. Geological Survey has produced this volume to describe a select group of mineral commodities currently critical to our economy and security. For each mineral commodity covered, the authors provide a comprehensive look at (1) the commodity's use; (2) the geology and global distribution of the mineral deposit types that account for the present and possible future supply of the commodity; (3) the current status of production, reserves, and resources in the United States and globally; and (4) environmental considerations related to the commodity's production from different types of mineral deposits. The volume describes U.S. critical mineral resources in a global context, for no country can be self-sufficient for all its mineral commodity needs, and the United States will always rely on global mineral commodity supply chains. This volume provides the scientific understanding of critical mineral resources required for informed decisionmaking by those responsible for ensuring that the United States has a secure and sustainable supply of mineral commodities.
This book provides a normative framework for making decisions concerning mineral resource exploration under conditions of uncertainty.