Energy And Other Natural Resources

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This paper uses the terms natural resource(s), resource(s), and reserve(s) in many different contexts. Please use care when interpreting their usage and context. Background This critical review will consider the claim by Bjorn Lomborg, that “energy and other natural resources have become more abundant, not less so” and offer evidence that supports his claim (Lomborg, 2001). It is important to make the distinction that Lomborg does not claim that reserves of natural resources have been increasing, he is merely stating that the overall global availability of energy and other resources have become more abundant. The amount of a natural resource that a region or deposit has is classified either as a reserve or as a resource. Reserves of natural resources are the volume of natural resource that is economically and commercially exploitable with available technology. Resources are the total volume of natural resources present in the system or region, but may not be exploitable with current technology or economic evaluations. Resources may turn into reserves and reserves may turn into resources, dependent upon current market prices. (Owen, Inderwildi & King, 2010). Lomborg’s claim relates directly to the issue of global sustainability. With a growing global population and an ever increasing demand for natural resources, the future of sustainability relies on our current consumption and management of natural resources. Non-renewable resources must be properly inventoried
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