Renewable Resource

A substance of economic value that can be replaced or replenished in the same amount or less time as it takes to draw the supply down. Some renewable resources have essentially an endless supply, such as solar energy, wind energy and geothermal pressure, while other resources are considered renewable even though some time or effort must go into their renewal, such as wood, oxygen, leather and fish. Most precious metals are considered renewable as well; even though they are not naturally replaced, they can be recycled because they are not destroyed during their extraction and use.  

Renewable resources have become a focal point of the environmental movement, both politically and economically. Energy obtained from renewable resources puts much less strain on the limited supply of fossil fuels (non-renewable resources). The problem with using renewable resources on a large scale is a cost problem and in most cases, more research is needed to make their use cost-effective.  

Investment dictionary. . 2012.

Look at other dictionaries:

  • Renewable resource — The Nesjavellir Geothermal Power Plant in Iceland is an example of renewable energy. Renewable energy …   Wikipedia

  • renewable resource — /rənjuəbəl ˈrisɔs/ (say ruhnyoohuhbuhl reesaws) noun a natural resource which is not finite but can be renewed, such as the sun, wind, or biomass. Compare non renewable resource. Renewable resources include natural materials such as forests and… …   Australian English dictionary

  • renewable resource — noun any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time • Hypernyms: ↑natural resource, ↑natural resources * * * renewable resource noun A supply of living organisms that, after harvesting,… …   Useful english dictionary

  • renewable resource — noun A natural resource such that it is replenished by natural processes at a rate comparable to its rate of consumption by humans or other users …   Wiktionary

  • Non-renewable resource — A coal mine in Wyoming. Coal, produced over millions of years, is an inherently finite and non renewable resource on a human time scale. A non renewable resource is a natural resource which cannot be produced, grown, generated, or used on a scale …   Wikipedia

  • non-renewable resource — /nɒn rənjuəbəl ˈrisɔs/ (say non ruhnyoohuhbuhl reesaws) noun a natural resource which, once it is depleted, cannot be replaced or restored, such as fossil fuels. A non renewable resource is a natural resource that exists in a fixed amount, and is …   Australian English dictionary

  • non-renewable resource —   those resources considered to be finite as our rate of use far outstrips the rate at which they are formed e.g. coal …   Geography glossary

  • Renewable resources —   Renewable energy resources are naturally replenishable, but flow limited. They are virtually inexhaustible in duration but limited in the amount of energy that is available per unit of time. Some (such as geothermal and biomass) may be stock… …   Energy terms

  • renewable — /rəˈnjuəbəl/ (say ruh nyoohuhbuhl) adjective 1. able to be renewed. –noun 2. → renewable resource …   Australian English dictionary

  • Renewable Energy Certificates — (RECs), also known as Green tags, Renewable Energy Credits, or Tradable Renewable Certificates (TRCs), are tradable environmental commodities in the United States which represent proof that 1 megawatt hour (MWh) of electricity was generated from… …   Wikipedia

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