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Need help with my writing homework on Global Resource Depletion: A Developing Focus in the Policy Arena. Write a 3250 word paper answering;
Need help with my writing homework on Global Resource Depletion: A Developing Focus in the Policy Arena. Write a 3250 word paper answering; The essay will explain the various environmental risks and the impacts that deal with government policies, especially for the developing nations. The essay will also weigh the impacts of global shortages of essential raw materials and energy supplies against those of environmental risks, in order to accept the proposition as true or false.
Raw materials are primarily the substance used in the industrial production of a good. They include industrial minerals, agricultural raw materials, construction minerals, natural rubber. wood and metallic minerals. The human population on the earth has for years lived beyond their means. The amount of resources being consumed far outweighs what the earth can produce. Worse still, the trend is escalating, with both the developed and developing economies whetting their appetites for more raw materials, leaving a very devastating future projection. There is imminent depletion of the majority of essential raw materials within the century, with increased scarcity being the order of the day. Some of the aspects of human life that drive the need for more raw materials include technology, economic growth, and demography (Gonzales, 2008).
Metal production has witnessed exponential growth for a long time. However, the depletion of these resources has made it much more expensive to maintain production. The amount of energy and capital required to sustain production is ever increasing. Production of these minerals (raw materials) will fall, not because the mineral ores will have been depleted completely, but because the cost of production will outweigh the returns (Diederen, 2010).
The global depletion of raw materials has not been seen as one that holds potential consequences to the world economy. This is mainly because of the interrelationship between energy scarcity and raw materials depletion. The majority of raw materials require huge amounts of energy for extraction and transportation. However, since oil has been available, the energy required to extract raw materials has made the product cheaper, making it harder to visualize the depletion of these resources. . .