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I wondered what he meant by "extractive" financial services, too. >In the context of natural resources, I take that word to imply that the resource is depleted
by billswift 15y ago
I wondered what he meant by "extractive" financial services, too.
>In the context of natural resources, I take that word to imply that the resource is depleted (e.g. non-renewable).
Is incorrect. Lumbering and agriculture are extractive industries but not "non-renewable". All primary production of resources are "extractive" industries.
- dredmorbius 15y agoI had in mind non-renewable extractive industries. I don't see sustainable timber, agriculture, fishing, or solar/wind/geothermal/hydroelectric power as extractive. Wikipedia appears to agree with me, likewise the World Bank: http://en.wikipedia.org/wiki/Extractive_industry http://en.wikipedia.org/wiki/Extractive_industry http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTOGMC/0,,contentMDK:20605112~menuPK:592071~pagePK:148956~piPK:216618~theSitePK:336930,00.html http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTOGMC/0,,c...