A renewable resource is a natural resource which can replenish with the passage of time, either through biological reproduction or other naturally recurring processes. Renewable resources are a part of Earth’s natural environment and the largest components of its ecosphere. A positive life cycle assessment is a key indicator of a resource’s sustainability. Renewable resources may be the source of power for renewable energy.
However, if the rate at which the renewable resource is consumed exceeds its renewal rate, renewal and sustainability will not be ensured. A non-renewable resource (also known as a finite resource) is a resource that does not renew itself at a sufficient rate for sustainable economic extraction in meaningful human timeframes. An example is carbon-based, organically-derived fuel. The original organic material, with the aid of heat and pressure, becomes a fuel such as oil or gas. Fossil fuels (such as coal, petroleum, and natural gas), and certain aquifers are all examples of non-renewable resources.
With the present economic climates that are prevailing in many countries and the collapsing of certain economies are clearly visible, using of fossil fuels need to be taken into consideration as money that is in the system depletes as imports increase. When production or manufacturing is not a prime goal of a government, it is a very serious problem to cope with. As exports earn this money back, the economy is able to balance and continue to show growth and sustainability. In an even where an economy fails, there is disaster.
The Essay on Corporate Average Fuel Economy
Corporate Average Fuel Economy The foreshadowed Market Failures of the mid 1970's gave way to Corporate Average Fuel Economy, regulation which would call for new standards in automobile fuel efficiency. The market failures hinged on a number of outside variables which could have had a drastic effect on domestic markets. Resource Scarcity drove the American public to call for a more efficient means ...
So, renewable resources are a key concern for the functioning of future aspects in science and technology.
