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Internal Assessment In Economics - Article Commentary on " Green Curbs Hit Platinum Supply".
Member rating: No Rating | Words: | Submitted: Mon Nov 10 2003
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Edgars Tarkanijs Internal Assessment In Economics Article Commentary No. 1 (16.11.2002.) Article" Green Curbs Hit Platinum Supply" Source- "http://news.bbc.co.uk/2/hi/business/1998102.stm" Text Commentary About Section "Supply and Demand" Monday, 20 May, 2002, 11:08 GMT 12:08 UK Green Curbs Hit Platinum Supply Carmakers use platinum to curb pollution Growing international pressure for more environmentally friendly cars is threatening to exacerbate a shortage of the precious metal platinum. Soaring demand from the car industry, which uses platinum in catalytic converters to reduce engine emissions, has outstripped supply of the precious metal. Platinum demand has risen in line with the tightening of green legislation both in the United States and in the European Union. A global shortage is likely to remain for quite a while despite a recent sharp rise in output from platinum producers, a leading industry official has warned. Firm prices Platinum is also used for jewelry and in the production of computer memory...
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