Product generational dematerialization indicator: A case of crude oil in the global economy

Indicators for sustainable development, such as: Dow Jones sustainability group indices, life cycle index, ecological footprint, sustainability cities index, Well-Being Index, are acknowledged evaluation instruments in the international development policy. They are used to evaluate dematerialization introduced in order to identify environmental efficiency. While these indicators describe the performance of single products on the market or the life style of societies, they do not provide exact information on product (resource) and sector dematerialization, which is one of the major objectives of the current development policies.