L9 Flashcards
(10 cards)
Skinners Idea
The limitation of materials (metals) may limit society greater than the limitation of energy.
Hubbert’s Peak Theory
That resource use follows a bell shaped curve. Increasing due to discovery and increased infrastructure, and decreases due to resource depletion.
Flaws of Hubberts Theory
Resource use is also a function of social (demand) and technological driving forces. The oil use peaked again due to the development of new technology to extract it.
Supply - Reserves, Reserve Base and Resources
Reserve - Economically viable, technologically feasible
Reserve base - technologically feasible
Resources - Economic extraction is currently or potentially feasible (i.e. how much is there).
Supply - Distribution of scarce minerals
Two bell curves, one of high grade ores and one of common rocks, separated by the mineralogical barrier which represents a large increase in extraction costs.
Demand - Equality, investment.
The materials to raise the stocks of developing countries to developed exceeds the reserve base. Steady investment into mining of sustainable materials (not gold) needed.
Environmental Impact - Energy
Energy increasing with decreasing ore content, water use increases with energy.
Material Criticality - Vulnerability to supply restriction
How much do we need the material (consequence) - Net Import reliance, substitutability, Global Innovation, National economic importance.
Material Criticality - Supply risk
Will we run out (probability) - companion fraction, policy potential, human development, global supply concentration
Material Criticality
Risk of Material unavailability