The collapse of Collapse Mining Industry in the US and UK will have a negative impact on our economy, according to a report published by an international law firm.
The report by the law firm Deloitte has called for the repeal of an act passed by the US Congress that allows for the construction of mining operations in foreign countries.
This legislation has been a huge success, the report says, with an estimated 1,800 mining projects in place across America.
But, as Deloiseets CEO Dr M. K. Krishnamurthy points out, the collapse of mining in the United States and Britain will not come cheap.
“Collapse mining is the most significant economic driver for the UK, and the US, and this has created enormous economic risks for both,” he says.
“We’re recommending that the UK Government should immediately repeal the mining act and ensure that the US Government follows suit, and that the United Kingdom immediately implement a moratorium on the construction and operation of mining projects across the United [States] and Canada.”
The collapse of the Collapse Industry in Australia, Canada and the United Republic of Tanzania has also been a major factor in this country’s economic decline.
According to Deloitees report, the loss of the Australian mining industry will create a major economic impact in the UK and Ireland.
Deloitte says that as mining production in the developed countries continues to decline, there will be an increase in environmental impacts.
In the UK alone, the amount of CO2 emissions associated with mining activities is estimated at over 1.3 million tonnes annually, while in the Netherlands, the CO2 released is estimated to be 1.2 million tonnes a year.
The UK also has the highest CO2 levels in Europe, the US at about 1.9 million tonnes and in Canada at about 2.3 mtCO2 per capita, the Deloises report says.
However, there are ways in which the collapse in Collapse Industries can be prevented.
The first is to invest in climate-smart infrastructure, says Dr Krishnamu, as well as to ensure that local communities have a say in decision-making processes.
Secondly, local communities should have a role in the decision- making process.
The report says that there should be a local government that can be accountable to local communities, so that local decisions can be made.
The report also points out that it is vital to support local businesses that rely on mining and that will be affected by the collapse.
It is important to make sure that the government, business and community can have a stake in what is happening, as the report notes, “to ensure that decisions are taken to protect the environment and the communities that depend on it.”
The Deloisedes report also recommends that the Government work with local community groups to prevent the collapse, and should provide support to communities affected by collapse.