High Quality
Open the downloaded document, and select print from the file menu (PDF reader required).
Twin Threats to Resource
Matthew R. Simmons, Chairman EmeritusSimmons & Company International
www.marsh.com
World Has Many Scarce Resources
!
As global population grew, highest quality resources declined.
!
to over-consumption and discouragednew resource exploration.
!
Most natural resources arenon-renewable.
!
s o scarce meas s srng:
–Copper –Zinc –Tungsten –Silver –GoldTo name but a few!
1
Marsh’s National Oil Companies’ Conference 2010February 22 -24, 2010 –Intercontinental Hotel, Festival City, Dubai
–Uranium
Many Scarce Resources Have Abundant Substitutes
!
World could learn how to get along without copper.
!
New technologies also obsolete some resource needs:
–Telephone lines and wires are fast becomingosoee –Lead is barely used today
!
,resource demands..
2
Marsh’s National Oil Companies’ Conference 2010February 22 -24, 2010 –Intercontinental Hotel, Festival City, Dubai
Add a Comment
chubbyavalanche9340left a comment
This document has made it onto the Rising list!