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A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. [1] An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas.
UN Secretary-General Ban Ki-moon Definitions The United Nations Brundtland Commission described the concept of sustainable development, for which energy is a key component, in its 1987 report Our Common Future. It defined sustainable development as meeting "the needs of the present without compromising the ability of future generations to meet their own needs". This description of sustainable ...
Renewable energy (or green energy) is energy from renewable natural resources that are replenished on a human timescale. Using renewable energy technologies helps with climate change mitigation, energy security, and also has some economic benefits. [1] Commonly used renewable energy types include solar energy, wind power, hydropower, bioenergy ...
Solar energy is one of the most popular alternative energy sources. Solar Energy Pros: Solar energy is low-emission, meaning there is a low carbon footprint, making solar energy less damaging to ...
Resource depletion is the consumption of a resource faster than it can be replenished. Natural resources are commonly divided between renewable resources and non-renewable resources. The use of either of these forms of resources beyond their rate of replacement is considered to be resource depletion. [1] The value of a resource is a direct ...
Natural-resource meaning [:] An actual or potential form of wealth supplied by nature, as coal, oil, water power, timber, arable land, etc. A material source of wealth, such as timber, fresh water, or a mineral deposit, that occurs in a natural state and has economic value. Something, such as a forest, a mineral deposit, or fresh water, that is ...
A renewable resource (also known as a flow resource [note 1] [1]) is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale. When the recovery rate of resources is unlikely to ever exceed a ...
Natural resource economics is a transdisciplinary field of academic research within economics that aims to address the connections and interdependence between human economies and natural ecosystems. Its focus is how to operate an economy within the ecological constraints of earth's natural resources. [3] Resource economics brings together and ...