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Tuesday, 23 February 2010

Raw materials: Heading for a global resource crunch?

With the world's population growing and industrialisation rising, competition for raw materials is intensifying, raising concerns about access to key natural resources for European industry
With the world's population expanding rapidly and industrialisation taking hold in new corners of the globe, competition for raw materials is intensifying, triggering concerns about resource scarcity and the environmental 'footprint' of the planet's population.The 2008 Living Planet Report, by the Global Footprint Network, WWF and the Zoological Society of London, said growing populations are putting so much pressure on Earth's natural resources that two planets will be required by the early 2030s if current lifestyles are to be maintained. Considering the uneven distribution of natural resources, the report suggest that most nations have become ecological debtors, covering their excess demand by importing resources from other countries. In the EU, the total ecological footprint is twice the size of the region's biocapacity, with the UK and Spain, for example, running ecological deficits greater than 150%.

Source: Euractiv