Metal minerals scarcity: A call for managed austerity and the elements of hope
Posted by Andre Diederen in Unsustainable 1 Comment»If we keep following the ruling paradigm of sustained global economic growth, we will soon run out of cheap and plentiful metal minerals of most types. Their extraction rates will no longer follow demand. The looming metal minerals crisis is being caused primarily by the unfolding energy crisis. Conventional mitigation strategies including recycling and substitution are necessary but insufficient without a different way of managing our world’s resources.
The stakes are too high to gamble on timely and adequate future technological breakthroughs to solve our problems. The precautionary principle urges us to take immediate action to prevent or at least postpone future shortages. As soon as possible we should impose a co-ordinated policy of managed austerity, not only to address metal minerals shortages but
other interrelated resource constraints (energy, water, food) as well. The framework of managed austerity enables a transition towards application (wherever possible) of the ‘elements of hope’: the most abundant metal (and non-metal) elements. In this way we can save the many critical metal elements for essential applications where complete substitution with the elements of hope is not viable. We call for a transition from growth in tangible possessions and instant, short-lived luxuries towards growth in consciousness, meaning and sense of purpose, connection with nature and reality and good stewardship for the sake of next generations.
Read the full report: Metal minerals scarcity: A call for managed austerity and the elements of hope
Dr. A.M. Diederen, MSc., TNO Defence, Security and Safety
1 reply on “Metal minerals scarcity: A call for managed austerity and the elements of hope”
In the current global economic climate, the call for managed austerity is becoming increasingly urgent. Governments worldwide must balance fiscal responsibility with the need for economic recovery. Austerity measures, if managed correctly, can curb excessive debt without stifling growth. However, it is crucial to implement strategies that focus on sustainable welfare and invest in key sectors like education and healthcare. As we navigate these challenges, there are glimmers of hope. The emergence of innovative solutions, such as omgle new technologies, offers the potential for job creation and economic revitalization, making managed austerity a viable pathway forward.