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Factor X pp 3-17 | Cite as

The Limits of Resource Use and Their Economic and Policy Implications

  • Stefan GiljumEmail author
  • Friedrich Hinterberger
Chapter
  • 799 Downloads
Part of the Eco-Efficiency in Industry and Science book series (ECOE, volume 29)

Abstract

This chapter provides an overview of trends in worldwide resource use and resource productivity based on material flow data. In the light of overall expanding resource use and limited biological capacities on the planet, two main types of resource scarcities are presented. Implications of growing resource use reach from increasing competition for natural resources to severe damages to the ecosystem. In order to achieve the necessary worldwide absolute reduction of resource use we suggest to comprehensively measure and report global resource use on micro and macroeconomic levels, i.e. for products, companies, industries and countries as well as implementing policy measures such as information campaigns, environmental tax reforms and global regulation.

Keywords

Resource Scarcity Resource Consumption Material Consumption Global Resource Rare Earth Element 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Vienna University of Economics and BusinessWienAustria
  2. 2.Sustainable Europe Research InstituteViennaAustria

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