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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.
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 result of its availability in nature and the cost of extracting the resource.
Hotelling's rule is a 1938 economic model of non-renewable resource management by Harold Hotelling. It shows that efficient exploitation of a nonrenewable and nonaugmentable resource would, under otherwise stable economic conditions, lead to a depletion of the resource.
Non-renewable resources are formed over very long geological periods. Minerals and fossils are included in this category. Since their formation rate is extremely slow, they cannot be replenished, once they are depleted. Even though metals can be recycled and reused, whereas petroleum and gas cannot, they are still considered non-renewable ...
Another non-renewable resource humans exploit is subsoil minerals, such as precious metals, mainly used to produce industrial commodities. Intensive agriculture is an example of a mode of production that hinders many aspects of the natural environment , for example the degradation of forests in a terrestrial ecosystem and water pollution in an ...
Brookfield Renewable, Enbridge, Realty Income, Verizon, and Vici Properties all pay dividends above 5%. More importantly, they back those high-yielding dividends with rock-solid financial profiles.
Some options, such as wind power and solar power, produce low quantities of total life cycle carbon emissions, using entirely renewable sources. Other options, such as nuclear power, produce a comparable amount of carbon dioxide emissions as renewable technologies in total life cycle emissions, but consume non-renewable, but sustainable [ 11 ...
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