Narrow by location

Are We Headed for a Global Sand Shortage?

Economic

The construction industry is the #1 consumer of sand. In fact, on average, to build a house it takes about 400,000 pounds of sand. For one mile of highway it takes about 60,000 tons. Approximately 12 millions tons of sand are needed for a nuclear power plant.

A recent report by the German international broadcaster Deutsche Well (DW) (titled Could We Run Out Of Sand? ) notes that we could be headed for a shortage of this often overlooked but critical natural resource.

More sand and gravel are mined than any other material according to an indepth report by the United Nations Global Alert Service.

Because there is a finite supply, the sand market cost is increasing. The report suggests the the solution to the potential shortage of sand could be conservation of it and a decrease in our reliance on concrete.

 

Unintended Tax Reform Consequences: Impact to GAAP Financial Statements

from Carr, Riggs & Ingram The GOP Tax Reform was signed into law on December 22, 2017. Many... »

Highly Anticipated Report on Bid Protests is Finally Here!

By Aron C. Beezley, Bradley RAND Corporation recently issued its much-anticipated report on the prevalence and impact of... »

U.S. Added 148,000 Jobs in December, in Lagging Finish to Year of Strong Growth

By Danielle Paquette The economy added 148,000 jobs in December after a year of steady hiring, the government reported... »

Nonresidential Construction Spending Ticks Higher in November, Down Year-Over-Year, ABC Says

Nonresidential construction spending expanded 0.6 percent in November, totaling $719.2 billion on a seasonally adjusted basis, according to... »

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *