Business and environmental organizations warn officials about potential resource crisis

Aug 20, 2012 12:24 GMT  ·  By
Several business and environmental organizations ask the Britsh government to push for more efficient resources management
   Several business and environmental organizations ask the Britsh government to push for more efficient resources management

In a letter sent to the UK Government by the country's Material Security Working Group, the latter asks that the national bar is raised when it comes to dealing with and managing existing raw materials.

As the business and environmental organizations that signed this letter explain, but for a stricter control of how various national resources are administered, the UK might soon be faced with a crisis that will negatively impact on its economy.

More precisely, said organizations – two of which are The Manufacturers' Organization and Friends of the Earth – wish to determine UK's Government to implement new standards and policies that will help make sure that valuable and rare raw materials are properly recycled and kept circulating.

Naturally, the end goal is that of diminishing the strain now placed on available natural resources by developing industries. As well as this, it is expected that such measures will help keep material prices well under control, as opposed to their skyrocketing in the event of a crisis.

Although the UK Government pushed for a Resource Security Action Plan not very long ago, the case is now made that the targets listed in that agreement need be improved on so as to accommodate for present and future industrial contexts.

The Manufacturers' Organization online account of this plea reads as follows: “The Government must tale urgent action on the pending raw material crunch facing the UK, warned a broad group of business and environmental organizations today (20 August).”

According to the same source, Gareth Stace, working with the EEF, explained how, “We live in an age where global demand for resources is surging with prices on an upward trend and concerns about shortages mounting. Whilst the government’s Resource Security Action Plan was a step in the right direction, it falls short of meeting the challenges we will face when obtaining new resources will become more difficult and costly.”

For the time being, no information has been made public with respect to how UK's Government responded to this demand of keeping a closer eye on valuable rare resources so as to prevent waste and promote sustainability.