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Or will human ingenuity lead to the more efficient use of existing raw materials and the discovery of new sources of supply?The last, big commodity boom occurred in the 1970s.
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The products had to be cheap to make, using existing machinery and raw materials that were simple to source.
The driving force in the development of enzyme technology, both in academic research and industry, has been and will continue to the development of new and better products, processes, and services to meet these needs along with the improvement of the processes to produce existing products from new raw materials as biomass.
A road map for an effective policy to develop during a reasonable time-period can not be the same for all the countries, but it must be adapted to the local conditions and take into consideration the local availability of raw materials, the existing level of technology, the actual energy mix and obviously the local economic conditions.
Conversely, it may prove more beneficial to not introduce new products but prepare existing chemicals using bio-based raw materials.
While such reactors are less likely than North Korea's existing nuclear facilities to produce the raw materials for nuclear bombs, the United States has argued that they still pose proliferation risks.
In the European Union, versatile political ideas and approaches of the individual member states as well as existing bilateral agreements with suppliers of raw materials (e.g. German-Russian gas pipeline agreement, LNG contracts between Spain/France and Algeria) lead to different strategies, which have to be considered when harmonizing the EU's energy policy.
We then searched for existing producer projects for our main raw materials that would meet these criteria.
They recommend paring back existing holdings, or switching from investments in raw materials to the stocks of some commodity producers.
For some of the show's 38 artists, existing maps serve as raw material to be turned into sculptures, collages and such.
But in working out the average, no existing tariff on a raw material will be considered to be more than 3 per cent, no tariff on semi-manufactures more than 10 per cent; there may be a maximum for manufactures too.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com