176% Rise in Metal Prices, 260% Rise in Energy Prices Marks Era of Soaring Costs as Resources Decline New Resource Productivity Opportunities Can Save World up to US$3.7 Trillion Annually and Protect Future Economic Growth – Study by International Resource Panel
Rapidly rising prices—metal up by 176 per cent, rubber by 350 per cent, and energy by 260 per cent since 2000—signal a potentially crippling trend of increasing costs as current consumption patterns rapidly deplete the world’s non-renewable resources, according to a new report released today. Decoupling 2: Technologies, Opportunities and Policy Options, produced by the United Nations Environment Programme-hosted International Resource Panel (IRP), says the numbers demonstrate that the negative effects of unsustainable use of natural resources are already…
