The Resource Revolution Over the next 20 years, three billion new middle class consumers will enter the global economy, an unprecedented economic transformation. Can the world meet the natural resource demands of these new consumers? Will it be possible to maintain stable prices or will we face a new era of higher and more volatile prices and increased environmental and security risks? What are the implications for US businesses, economic growth, and jobs? New analysis by the McKinsey Global Institute and McKinsey & Company's Sustainability & Resource Productivity Practice explores options for meeting future resource demand including boosting supply; improving the productivity of resource extraction, conversion, and use; and developing new "clean"' sources of materials and energy. They also look at the economic and environmental consequences of pursuing these options, the cost, and potential benefits. In this video, Senator Richard Lugar (R-IN) provides keynote remarks. Then a panel of experts discuss resource solutions and the content of the McKinsey findings. http://www.newamerica.net/events/2011/the_resource_revolution
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