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Introduction: Resource Depletion


In 1972, the first report to the Club of Rome, "The Limits to Growth", was published. It marked the beginning of modern environmental policy. The report highlighted the impossibility of sustaining exponential economic growth and its associated Resource Depletion. Many of the resources that drive our economies are limited and will therefore one day be exhausted, if we continue to use them at current rates.
Twenty-five years after "Limits to Growth," the focus of environmental policy has shifted to other policy fields. For example, we have realised that, in spite of fairly abundant world resources of coal, the limits imposed by the risks of Climate Change will not allow their full exploitation.
Nonetheless, the threat of Resource Depletion remains. The emphasis given to mineral oil during the first and second "oil crises" has been replaced by a wider picture of resources including (in the order of importance expressed by the expert panel) groundwater, energy, land, fertile soil, forests and fish stocks. One aspect which these resources have in common is that their depletion may have important economic repercussions. For example, consumer prices for certain fish species have increased drastically, due to their over-exploitation. The same can be observed, at least in parts of the European Union, for the prices of land and tap water.
Some experts include biodiversity in their list of resources. However, Loss of Biodiversity is an independent policy field, that is treated explicitly in Agenda 21 and in the Fifth Environmental Action Programme under the title "Protection of Nature and Biodiversity." The main reason for this distinction is probably the dominant role of ethical aspects in the biodiversity debate, which would make a comparison to the more economically relevant resources treated here very difficult.
The indicators presented in this chapter portray the use of some key resources by the citizens of the European Union. In contrast to many other pressure indicators, their message is relatively clear and non-controversial. Further development will focus on improving data quality and coverage, on links to economic indicators such as prices of these resources, and on exploring the potential to aggregate these indicators to an overall resource depletion index based for example on their economic value, their proven reserves, or their strategic importance for the world economy.

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