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Exporters will be reaping monopoly rents due to depleting resource prices way in excess of production costs.
Although there are tax breaks for owning a depleting resource, the filing of taxes for energy royalty trusts can be a nightmare.
From now until the end of the year, we will meet our ecological demand by depleting resource stocks and accumulating greenhouse gases in the atmosphere.
Justifiably, we angst continuously over the price of petroleum, yet we seem to have forgotten another precious, indispensable and dangerously depleting resource: water.
As Emmott shows in powerful detail, it is human expansion that lies behind the conquest of our dependency on oil, coal and gas; the industrial-scale use of chemical pesticides, herbicides and fertilisers; battery farming; the transformation of fresh water into a depleting resource and the mass extinction of other life forms that is under way.
"But it's a depleting resource.
Similar(53)
Population growth at an interminable rate is depleting resources uncontrollably.
Because León farms his plankton, he is not depleting resources for fish.
The Federal Deposit Insurance Corporation, a radically new invention intended to prevent runs on banks from depleting resources for home mortgages, among other calamities, was also created in 1934.
It could be that OPEC is "facing the same cold realities of depleting resources that the non-OPEC world is slamming into".
The pension system allows many Brazilians to retire in their 50s, causing deficits to balloon and depleting resources for basic services like education and health care.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com