As last year’s oil price swings have shown, markets can tighten long before a given resource is anywhere near its end. And reserves of phosphorus are even less evenly distributed than oil’s, raising additional supply concerns. The U.S. is the world’s second-largest producer of phosphorus (after China), at 19 percent of the total, but 65 percent of that amount comes from a single source: pit mines near Tampa, Fla., which may not last more than a few decades. Meanwhile nearly 40 percent of global reserves are controlled by a single country, Morocco, sometimes referred to as the “Saudi Arabia of phosphorus.” Although Morocco is a stable, friendly nation, the imbalance makes phosphorus a geostrategic ticking time bomb.
In addition, fertilizers take an environmental toll. Modern agricultural practices have tripled the natural rate of phosphorus depletion from the land, and excessive runoff into waterways is feeding uncontrolled algal blooms and throwing aquatic ecosystems off-kilter. While little attention has been paid to it as compared with other elements such as carbon or nitrogen, phosphorus has become one of the most significant sustainability issues of our time.
- Mining phosphorus for fertilizer is consuming the mineral faster than geologic cycles can replenish it. The U.S. may runout of its accessible domestic sources in a few decades, and few other countries have substantial reserves, which could also be depleted in about a century.
- Excess phosphorus in waterways helps to feed algal blooms, which starve fish of oxygen, creating “dead zones.”
- Reducing soil erosion and recycling phosphorus from farm and human waste could help make food production sustainable and prevent algal blooms.
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