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With the global economy seemingly moving towards growth after several years of recession the global commodities market reminds us once again reminded of our limited resources. Copper (↑8.21%), Natural Gas (↑12.12%), Oil (↑6.56%) and other basic commodities are up, with the numbers above are January alone. The Commodity Food Index is up 6.77% yet one of the factors attributed to the unrest in the Middle East are food shortages. While a higher global standard of living has many benefits, including greater security and stability, it comes with many risks - increases in pollutants, greater demand for high quality proteins and the almost insatiable demand for many commodities will stress to earth in ways we as humans have never known. Sustainability is a very diverse, and in many ways difficult, problem to define. Perhaps the word problem is the real issue here however. Sustainability can and should be a solution, or an opportunity. Nearly everyone can agree that reserves of oil will run out some day and that capturing solar power and wind power is currently expensive. Of course one could also argue that automobiles are more expensive than horses, but that didn’t stop society from adopting the automobile. Sometimes
International Journal of Innovation Science – Emerald Publishing
Published: Mar 1, 2011
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