Introduction

Total Page:16

File Type:pdf, Size:1020Kb

Introduction 1. INTRODUCTION 1.1 The Authors 1.1.1 Harald-Growing up in Norway The reason why I am writing about natural resources has to do with my back- ground and goes back to Norway, where I grew up. The subjects of sustainability and the environment were early amongst my interests. I spent many summers as a child with my grandfather, Torleiv Rasmussen (1895-1991), in the Norwegian Rondane mountains, Norway’s first National Park. We would walk the mountains and talk about how nature worked and how everything was interdependent. My grandfather was an eager sports fisherman, and he was an excellent bird hunter. He also had a keen interest in the environmental impacts of industry on nature. In 1948-50, he moved the family company out of Oslo, Norway, to the city of Hamar, 110 km north of Oslo, to be able to expand the business. The family company is a precious metal refining and processing plant that uses many mechanical and chemical processes. As part of the design, the facility was fitted with a sewage treatment plant and a metal recovery plant for taking precious metals out of sewage, so that every dust particle of precious metal that ended up on the floor or in the plant wastewater could be recovered. It was the first sewage treatment plant in Norway (1948), based on American know-how and design, and there was no other of its kind in Norway for many years. My grandfather, Torleiv Rasmussen was educated as a Goldsmith Master in Schwäbisch Gemünd in the province of Baden-Würtemberg in Germany, but he had a sense for engineering. He would often tell me “Nothing is too difficult to learn! ….just try harder if it is difficult”. To learn how to design the precious metal recovery unit for wastewater from the plant, he ordered books from the United States and Germany on the subject, and taught himself how to design it. And, then he built it… Precious metals like gold, silver and platinum play a prominent role in this text as examples. These metals are very valuable, and society keeps very good track of them. Much data is available on these metals. My family’s company, K.A. Rasmussen is a precious metal company, and thus, I grew up learning about how to work, refine, and never lose these metals. Precious metals are very valuable, and thus, great care in their handling is taken. Therefore the sewage treatment plant I mentioned earlier, through the recovery of precious metals, more than paid for itself. GEOCHEMICAL PERSPECTIVES | HARALD U. SVERDRUP ◆ K. VALA RAGNARSDÓTTIR 131 Downloaded from http://pubs.geoscienceworld.org/perspectives/article-pdf/3/2/131/3148013/gsgp_3_2_section1_OA.pdf by guest on 28 September 2021 I started school when I was 7 years old, and I remember that my mother, Elise (1928-1996), gave me a book she had from her father (1888-1932, the chief engineer at Norsk Hydro), who died when she was quite young. It was about the oil fields of Texas, issued by Texaco in 1927. I think it was called “Texaco, a picto- rial story.” It was full of black and white photographs, and not much text, like Figure 1.1. I read the book before I knew English (I read it anyway), fascinated with the pictures of drilling towers, refineries, petrol stations and office buildings. My father, Rolv (1928-1995) had a subscription to Scientific American from 1963 onward, and it came every month to our home in Norway. I avidly read everything in each issue. I still do, it is a wonderful way to stay updated. Figure 1.1 From the Texaco operations in Texas (about 1901). Another defining moment for me personally was when the bookLimits to Growth (Fig 1.2) by Donella Meadows, Dennis Meadows, Jørgen Randers and Wilhelm Behrens, came out in 1972. I was in my second year of gymnasium in Hamar, and I remember that I read the book twice just to be sure that I under- stood it and I experienced a great Ah-ha moment. I realised how everything is connected – what I learned in secondary school (I was in the natural sciences division) and from my grandfather, and how nothing should ever be lost in the precious metal business – everything resonated with the message of Limits to Growth. I realised there are limits to everything and that these limits are built 132 GEOCHEMICAL PERSPECTIVES | VOLUME 3, NUMBER 2 Downloaded from http://pubs.geoscienceworld.org/perspectives/article-pdf/3/2/131/3148013/gsgp_3_2_section1_OA.pdf by guest on 28 September 2021 into the fundamental foundations of our world. I have come back to that book and its follow-up books many times since (Meadows et al., 1972, 1992, 2004; Randers 2012). What was outlined in there has become a part of my own research. The book received some scientific critique, but also detri- mental political lobbying (Nørgård et al., 2010). That is how slander and outright propaganda buried the important message in the book. Limits to Growth has, despite all the efforts to the contrary, stood the test of time and current data shows how the concept was spot on (Turner, 2012). As it now turns out, climate change is perhaps a small problem – the real challenge of today is the combination of conscious thought, human popula- tion and planetary limits. I am now a member of the Balaton Group, and get the pleasure of discussions with Figure 1.2 Book cover Limits to growth Dennis Meadows’ aspects of Limits to by Donella Meadows, Dennis Growth and on how we develop the Meadows, Jørgen Randers and Wilhelm Behrens. next generation of models. 1.1.2 Harald-Becoming a researcher I went abroad to study Chemical Engineering at the ETH in Zürich, Switzerland and later for a PhD at Lund University in Southern Sweden. I ended up staying in Lund for 27 years. After completing my graduate education and starting my career in research, the environment, and sustainability of society came to be the pervasive themes of everything I worked on. Thus I came to spend time on subjects like: liming acid lakes, modelling acidification effects on soils and water, aquatic population dynamics in polluted lakes, sustainable forestry, predator-prey relationships, sustainable agriculture, chemical weathering components of sili- cate minerals as nutrients for trees and crops, business and economics systems dynamics, and modelling of large integrated and complex systems. Enginering and geochemistry was at the base of it all, but nothing is isolated. Other disci- plines overlap but biogeochemistry is an important part of the bigger picture. For engineers, the most important pathway to understanding a system’s behaviour properly is to model it. This cannot be done without having a mental model as the basis for understanding. With a mental model, I mean a conceptual understanding in the mind. For this, systems analysis and systems dynamics GEOCHEMICAL PERSPECTIVES | HARALD U. SVERDRUP ◆ K. VALA RAGNARSDÓTTIR 133 Downloaded from http://pubs.geoscienceworld.org/perspectives/article-pdf/3/2/131/3148013/gsgp_3_2_section1_OA.pdf by guest on 28 September 2021 are essential. Richard Feynmann, the brilliant American nuclear physicist, once wrote a book entitled “The Pleasure of Finding Things Out” (Feynman, 1999). I found the book very inspiring when I read it. Doing systems analysis on complex situations and problems and modelling them to create solutions, to me always becomes “the pleasure of finding things out.” Thank you, Mr. Feynman! I have been asked several times about whether there are any limitations to this way of working, and after using it for 30 years, I have not found any yet. In 1981, when I was travelling to the United States of America for the first time, I met two young Americans, Douglas Britt (Fig. 1.3) and Jimmy Fraser, working in a private consultancy in Reston, Virginia. I started to cooperate with them and in the process they became very good friends. They opened my eyes to a new world of thinking. I experienced together with them how to initiate a company the American way, starting with nothing but an idea and working your way up. I learned how we would search for clients with problems, and sell proposals on how to solve them. And we would win the proposals and do what we promised. I loved the American attitude of “everything is possible.” We started many different companies, and we succeded in many endeavours, in environmental science, mainframe computer services, ecological restoration, geographical information services, environmental modelling, and restoration technologies. Finally the company moved on to space science and built systems for NASA for the life support for long distance space travel. On almost every Space Shuttle launched in the late 1980s and 1990s we had our cargo on the shuttle. We had a fantastic time, full of optimism working for the future. In the mid 1990s the American companies were sold and we moved on. My friends stayed there to pursue successfully their careers as businessmen, I went back into academia in Europe to continue work on biogeochemistry of terrestrial ecosystems, critical loads, modelling of biodiversity and sustainable societies, from sustainable food supply to the role of resources in the global economy, and as we will see, later also to business. In 1988, I was called in by the Swedish Environmental Protection Agen- cy’s research department, to participate in an effort referred to as “Critical loads for sulphur and nitrogen to mitigate acid rain.” The effort resulted in the first research- based (actually evidence based) envi- ronmental policy in Europe. The Agency knew from earlier projects, which I had Image Exchange.
Recommended publications
  • CRYSTAL PEAK MINERALS INC. (Formerly EPM Mining Ventures Inc.)
    CRYSTAL PEAK MINERALS INC. (Formerly EPM Mining Ventures Inc.) MANAGEMENT DISCUSSION AND ANALYSIS For the Three Months Ended March 31, 2016 CRYSTAL PEAK MINERALS INC. (Formerly EPM Mining Ventures Inc.) Management Discussion and Analysis For the Three Months Ended March 31, 2016 This Management Discussion and Analysis (“MD&A”) of Crystal Peak Minerals Inc. (“CPM”) (formerly EPM Mining Ventures Inc. or “EPM”), together with its subsidiaries (collectively the “Company”), is dated May 19, 2016 and provides an analysis of the Company’s performance and financial condition for the three months ended March 31, 2016. CPM is listed on the TSX Venture Exchange (“TSXV”) and its common shares trade under the symbol “CPM” (formerly “EPK”). The Company’s common shares also trade on the OTCQX International (“OTCQX”) under the ticker symbol “CPMMF” (formerly “EPKMF”). This MD&A should be read in conjunction with the Company’s unaudited condensed interim consolidated financial statements (the “Interim Financial Statements”) for the three months ended March 31, 2016, including the related note disclosures. The Company’s Interim Financial Statements are prepared in accordance with International Financial Reporting Standards (“IFRS”). The Interim Financial Statements have been prepared under the historical cost convention, except in the case of fair value of certain items, and unless specifically indicated otherwise, are presented in United States dollars. The Interim Financial Statements, along with Certifications of Annual and Interim Filings and press releases, are available on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com . Michael Blois, MBL Pr. Eng., is the Qualified Person in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) who is responsible for the mineral processing and metallurgical testing, recovery methods, infrastructure, capital cost, and operating cost estimates described in this MD&A.
    [Show full text]
  • 2. PEAK OIL 10 2.1 the Origin of Oil 11 2.2 History of Oil 12 3
    Bachelor's thesis (Turku University of Applied Sciences) Degree Programme in International Business International Business Management 2012 Aleksi Rantanen, Lauri Stevens PEAK OIL – A study of the phenomenon and possible effects and alternatives in Finland BACHELOR´S THESIS | ABSTRACT TURKU UNIVERSITY OF APPLIED SCIENCES International Business | Management 2012 | 66 + 5 Emmanuel Querrec Aleksi Rantanen and Lauri Stevens PEAK OIL – A STUDY OF THE PHENOMENON AND POSSIBLE EFFECTS AND ALTERNATIVES IN FINLAND This thesis studies a phenomenon called oil peak; what does it mean, what are the possible effects and consequenses in Finland. The theoretical framework covers facts about oil and energy, different theories from microeconomics all the way to different oil theories. It provides comprehensive information on the subject. The empirical research includes two separate expert interviews with the aim of understanding peak oil and its effects in Finland from two different perspectives. The other expert coming from from private sector and the other expert from public sector. The research was conducted by using qualitative method and the questions were made mainly based on the theoretical framefork. Main findings of this study were that peak oil is recognized but experts still argue what does it mean practically; when is it going to happen or has it already happened. The era of cheap oil is coming to an end and it is time for Finland to investigate all possible solutions which could decrease our level of oil dependency. KEYWORDS: Peak oil, oil dependency, oil crunch, eroei, energy, alternative energy, energy in Finland, oil theory, energy production, energy consumption OPINNÄYTETYÖ (AMK) | TIIVISTELMÄ TURUN AMMATTIKORKEAKOULU International Business | Management 2012 | 66 + 5 Emmanuel Querrec Aleksi Rantanen and Lauri Stevens ÖLJYHUIPPU – TUTKIMUS ILMIÖSTÄ JA SEN MAHDOLLISISTA VAIKUTUKSISTA JA VAIHTOEHDOISTA SUOMESSA Tämä opinnäytetyö tutkii öljyhuippua ilmiönä; mitä se tarkoittaa ja mitkä ovat sen mahdolliset vaikutukset ja seuraukset Suomessa.
    [Show full text]
  • Sustainable Tompkins Blog Richard W. Franke May 2012
    Are We Nearing the Peak? Sustainable Tompkins Blog Richard W. Franke May 2012 Hi everybody, welcome to the Sustainable Tompkins May 2012 Blog. The ST Board is attempting to provide monthly opportunities for community discussion and May is my month. I would like to share some information and a few thoughts on the topic “Are we approaching the energy descent?” Could that approach be part of the cause of the current economic crisis? Nice, easy subjects, right? If you’re interested, read on… In thinking back over the past few decades I could not help but notice that years ending in “2” seemed to have a lot of significance for sustainability. 1962 was the year of Rachel Carson’s Silent Spring. 1992 was the year of the Rio Earth Summit and the Declaration of the 27 principles on Environment and Development – it was also the year of the Scientists Warning to Humanity. And then there was 1972, the year of the Limits to Growth. I got to thinking of the Limits to Growth study several days ago, when, on May 2 (another “2”) I attended a presentation at Cornell by J. David Hughes of the Post Carbon Institute. In 108 powerpoint slides – nearly all of them graphs or charts – Hughes identified the main apparent trends in “availability and deliverability” of oil, gas, coal and uranium, aspects of electricity production, and implications of population growth and other factors for future energy needs. You can view all 108 slides by clicking here, or go to: http://www.eeb.cornell.edu/howarth/HUGHES%20Cornell%20Ithaca%20May%202 %202012.pdf For those of us
    [Show full text]
  • Sustainability in the Minerals Industry: Seeking a Consensus on Its Meaning
    sustainability Review Sustainability in the Minerals Industry: Seeking a Consensus on Its Meaning Juliana Segura-Salazar * ID and Luís Marcelo Tavares Department of Metallurgical and Materials Engineering, Universidade Federal do Rio de Janeiro—COPPE/UFRJ, Cx. Postal 68505, CEP 21941-972, Rio de Janeiro, RJ, Brazil; [email protected] * Correspondence: [email protected]; Tel.: +55-21-2290-1544 (ext. 237/238) Received: 23 February 2018; Accepted: 24 April 2018; Published: 4 May 2018 Abstract: Sustainability science has received progressively greater attention worldwide, given the growing environmental concerns and socioeconomic inequity, both largely resulting from a prevailing global economic model that has prioritized profits. It is now widely recognized that mankind needs to adopt measures to change the currently unsustainable production and consumption patterns. The minerals industry plays a fundamental role in this context, having received attention through various initiatives over the last decades. Several of these have been, however, questioned in practice. Indeed, a consensus on the implications of sustainability in the minerals industry has not yet been reached. The present work aims to deepen the discussion on how the mineral sector can improve its sustainability. An exhaustive literature review of peer-reviewed academic articles published on the topic in English over the last 25 years, as well as complementary references, has been carried out. From this, it became clear that there is a need to build a better definition of sustainability for the mineral sector, which has been proposed here from a more holistic viewpoint. Finally, and in light of this new perspective, several of the trade-offs and synergies related to sustainability of the minerals industry are discussed in a cross-sectional manner.
    [Show full text]
  • Introduction
    Dubai International Academy Model United Nations 2018| 10th Annual Session Forum: League of Arab States Issue: The question of the shift in the focus of energy production due to depleting oil resources. Student Officer: Michael Leo Position: Deputy President of League of Arab States Introduction The dependence of global commercial trade upon the oil industry has risen to near inconceivable levels; an opinion which is only reinforced by the juxtaposition of the current state of the international community’s reliance on fossil fuels [petroleum, in particular] and its state in the mid-19th century. Copious reserves of oil make up the base of contemporary trade economies, but the facility to retain and develop global supply is causing growing disquiet. Some analysts predict a peak in the immediate future, followed by a terminal waning in global oil production; others draw attention to the recent growth in ‘tight oil’ production and the possibility of developing unconventional fuels.i Total world oil production in 2016 averaged 92,150,000 barrels per day [bbl/day]. A region of southwest Asia, commonly known as the ‘Middle East’ accounts for 31,789,000 bbl/day, a striking 34.5% of the world’s aggregate production.ii Nearly every country situated within the Middle East finds itself particularly dependent on oil to fuel economic progress. This heavy reliance on oil and petroleum has developed because of the frequency of ample reserves, ease of access due to technological advances, and the need for efficacy and dexterity in today’s world. Oil economies around the world, those in the Middle East in particular, have undergone overwhelming boosts of national growth due to their oil exportation practices.
    [Show full text]
  • USING the HUBBERT CURVE to FORECAST OIL PRODUCTION TRENDS WORLDWIDE a Thesis by JASSIM M. ALMULLA Submitted to the Office Of
    USING THE HUBBERT CURVE TO FORECAST OIL PRODUCTION TRENDS WORLDWIDE A Thesis by JASSIM M. ALMULLA Submitted to the Office of Graduate Studies of Texas A&M University in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE May 2007 Major Subject: Petroleum Engineering USING THE HUBBERT CURVE TO FORECAST OIL PRODUCTION TRENDS WORLDWIDE A Thesis by JASSIM M. ALMULLA Submitted to the Office of Graduate Studies of Texas A&M University in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE Approved by: Chair of Committee, Richard A. Startzman Committee Members, Wayne M. Ahr Jerome J. Schubert Head of Department, Stephen A. Holditch May 2007 Major Subject: Petroleum Engineering iii ABSTRACT Using the Hubbert Curve to Forecast Oil Production Trends Worldwide. (May 2007) Jassim M. Almulla, B.S., University of Louisiana at Lafayette Chair of Advisory Committee: Dr. Richard A. Startzman Crude oil is by far the most important commodity to humans after water and food. Having a continuous and affordable supply of oil is considered a basic human right in this day and age. That is the main reason oil companies are in a constant search of cost effective ways and technologies that allow for an improved oil recovery rate. This would improve profitability as well. What almost everyone knows and dreads at the same time is that oil is an exhaustible resource. This means that as more oil is being produced every day, the amount of oil that remains to be produced shrinks even more. With almost all big oil fields worldwide having already been discovered, the challenge of finding new reserves grows harder and harder.
    [Show full text]
  • Conflicting Narratives of Deep Sea Mining
    sustainability Review Conflicting Narratives of Deep Sea Mining Axel Hallgren 1 and Anders Hansson 1,2,* 1 Department of Thematic Studies: Environmental Change, Linköping University, S-581 83 Linköping, Sweden; [email protected] 2 Centre for Climate Science and Policy Research (CSPR), Linköping University, S-581 83 Linköping, Sweden * Correspondence: [email protected] Abstract: As land-based mining industries face increasing complexities, e.g., diminishing return on investments, environmental degradation, and geopolitical tensions, governments are searching for alternatives. Following decades of anticipation, technological innovation, and exploration, deep seabed mining (DSM) in the oceans has, according to the mining industry and other proponents, moved closer to implementation. The DSM industry is currently waiting for international regulations that will guide future exploitation. This paper aims to provide an overview of the current status of DSM and structure ongoing key discussions and tensions prevalent in scientific literature. A narrative review method is applied, and the analysis inductively structures four narratives in the results section: (1) a green economy in a blue world, (2) the sharing of DSM profits, (3) the depths of the unknown, and (4) let the minerals be. The paper concludes that some narratives are conflicting, but the policy path that currently dominates has a preponderance towards Narrative 1—encouraging industrial mining in the near future based on current knowledge—and does not reflect current wider discussions in the literature. The paper suggests that the regulatory process and discussions should be opened up and more perspectives, such as if DSM is morally appropriate (Narrative 4), should be taken into consideration.
    [Show full text]
  • Transportation & Logistics Systems, Inc
    SECURITIES & EXCHANGE COMMISSION EDGAR FILING Transportation & Logistics Systems, Inc. Form: 10-Q/A Date Filed: 2017-08-22 Corporate Issuer CIK: 1463208 © Copyright 2020, Issuer Direct Corporation. All Right Reserved. Distribution of this document is strictly prohibited, subject to the terms of use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q/A (Amendment No. 1) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2016 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File No. 001-34970 PetroTerra Corp. (Exact Name of Issuer as specified in its charter) Nevada 7380 26-3106763 (State or jurisdiction Primary Standard Industrial IRS Employer of incorporation or organization) Classification Code Number Identification Number 422 East Vermijo Avenue, Suite 313 Colorado Springs, Colorado 80903 (Address of principal executive offices) 719-219-6404 (Issuer’s telephone number) (Former name, former address and former fiscal year, if changed since last report.) Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulations S-T (§232.405 of this chapter) during the preceding 12 months (or for shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • The Promise and Perils of Biofuelsi
    The Promise and Perils of Biofuelsi John Ikerdii The world is running out of cheap fossil energy and biofuels are being touted as America's fuels of the future. Some dismiss the current energy crunch as nothing more than another short run phenomenon, arguing that we have used but a small fraction of the earth's total fossil energy reserves. While there is truth to this argument, it masks far more than it reveals. Most of the remaining reserves of oil and natural gas are buried deep beneath ocean floors or in other places very difficult to find and to reach. The remaining reserves of coal likewise will be very costly to mine and to burn, particularly without seriously degrading the environment. The industrial era of the past 200-years has been fueled by cheap energy, first by wood from abundant forests and then by fossil energy from easily accessible sources. But the days of old-growth forests, oil gushers, surface veins of coal are gone. There are simply no sources of cheap energy left to support continued industrial development. Rising energy costs will fundamentally transform our economy and our society. The basic nature of the problem is perhaps most clear in the concept of peak oil.1 Petroleum geologists observed several decades ago that peaks in production from specific oil fields typically occurred when approximately half of the recoverable oil in a field had been extracted. After the peak, production continued but only at a diminishing rate. Historically, the time lag between discovery and peak production has averaged about 30-40 years.
    [Show full text]
  • The Middle East and the New Era in the World Oil Market Yossi Mann
    The Journal for Interdisciplinary Middle Eastern Studies Vol. 1, Fall 2017 Print ISSN: 2252-347X Online ISSN: 2252-6959 https://doi.org/10.26351/2017.5 The Middle East and the New Era in the World Oil Market Yossi Mann Abstract Between 2014 and 2016 the oil market underwent sharp fluctuations and the price of WTI oil dropped by 80%.This reflected the changes that were taking place in the oil industry such as the rise in the status of oil shale in US, improved pumping abilities, the end of economic sanctions against Iran, the removal of the threat to Iraqi oil caused by internal instability, the increased role played by speculators and banks in the determination of oil prices based on increasing interest rates and internal conflicts within OPEC. The objective of this article is to reexamine some of the assumptions which have influenced the policies of governments, investors and traders and aims to present the 2014 oil crisis as both a turning point in the oil market and as an event that has limited OPEC’s power to determine oil prices. The article also seeks to analyze the factors that have led to the change in the oil market, the effects of the crisis on OPEC oil policy and to examine the implications of the decline in oil prices on social, political and economic aspects. Keywords Oil; Natural Gas; Middle East; OPEC; Saudi Arabia; Iran, Energy. Author’s contact: Dr. Yossi Mann, Department of Middle Eastern Studies, Bar Ilan University, Israel. Email: [email protected] 105 106 Yossi Mann Introduction Between 2014 and 2016 the oil market
    [Show full text]
  • Mineral Depletion and Peak Production
    POLINARES is a project designed to help identify the main global challenges relating to competition for access to resources, and to propose new approaches to collaborative solutions POLINARES working paper n. 7 September 2010 Mineral Depletion and Peak Production By Magnus Ericsson and Patrik Söderholm The project is funded under Socio‐economic Sciences & Humanities grant agreement no. 224516 and is led by the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) at the University of Dundee and includes the following partners: University of Dundee, Clingendael International Energy Programme, Bundesanstalt fur Geowissenschaften und Rohstoffe, Centre National de la Recherche Scientifique, ENERDATA, Raw Materials Group, University of Westminster, Fondazione Eni Enrico Mattei, Gulf Research Centre Foundation, The Hague Centre for Strategic Studies, Fraunhofer Institute for Systems and Innovation Research, Osrodek Studiow Wschodnich. POLINARES D1.1 – Framework for understanding the sources of conflict and tension Grant Agreement: 224516 Dissemination Level: PU 6. Mineral Depletion and Peak Production Magnus Ericsson and Patrik Söderholm Introduction Natural resources are essential for the economic development of human societies and cultures, and fears of an impending depletion of these resources have been expressed (at least) since antiquity (e.g., Maurice and Smithson, 1984). The most recent – and overall very influential – predictions of resource depletion are those concerning the production of oil. Advocates of the so-called peak oil concept suggest that oil production is close to an unavoidable (geologically-determined) peak that could have serious consequences for the global economy and society as a whole.1 The ‘peak’ concept has increasingly influenced the debate over mineral depletion as well, and some analysts claim that world production of many minerals (e.g., lead, mercury, cadmium etc.) has already peaked or are close to peaking (Vernon, 2007, Bleischwitz et al., 2009).
    [Show full text]
  • UNIVERSITY of DERBY Competition and Collaboration in the Extractive Industries in a World of Resource Scarcity Using a Game Theo
    Competition and collaboration in the extractive industries in a world of resource scarcity using a Game theory approach Item Type Thesis or dissertation Authors Crowther, Shahla Seifi Citation Crowther S S (2020); Competition and collaboration in the extractive industries in a world of resource scarcity using a Game theory approach; Unpublished PhD thesis Publisher University of Derby Download date 30/09/2021 19:14:02 Link to Item http://hdl.handle.net/10545/625068 UNIVERSITY OF DERBY Competition and collaboration in the extractive industries in a world of resource scarcity using a Game theory approach SHAHLA SEIFI CROWTHER Doctor of Philosophy 2020 I Table of contents Page Chapter 1 Introduction to research 1 1.1 Introduction to topic 1 1.2 Problem statement 4 1.3 Aims and Objectives of the thesis 6 1.4 Research questions 8 1.5 Contribution to knowledge 9 1.6 Structure of the thesis 9 1.7 Chapter summary 11 Chapter 2 Literature Review 12 2.1 Summary 12 2.2 Introduction 12 2.3 The Gaia Theory 20 2.4 The Brundtland Report 21 2.4.1 Sustainable development 24 2.5 Depleting resources 26 2.5.1 Geopolitical considerations 28 2.5.2 Extent of remaining resources 28 2.6 Reacting to resource depletion 32 2.7 Manufacturing and the external environment 37 2.8 Manufacturing firms and resource depletion 39 2.8.1 Transaction Cost Theory 39 2.82 The market and its inefficiencies 41 2.9 Critiquing sustainability 44 2.10 Strategies for dealing with resource depletion 45 2.10.1 The level of the firm 46 2.10.1.1 The national level 46 2.10.1.2 The global level
    [Show full text]