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Resource management and sustainable production carefully consider three key issues: consumption of raw materials, consumption of energy, and production of waste.
Renewable resources
Resource that can be replaced (or replenished) over time, or does not abate at all
Renewable resources often require careful management to ensure sustainability. For example, timber must be replanted to maintain supply.
Non-renewable Resources
Resources that are extracted and used at rate greater than are replaced
Non-renewable resources are also called finite resources because they are limitedin quantity.
| Aspect | Renewable Resources | Non-Renewable Resources |
|---|---|---|
| Availability | Inexhaustible or replenishable | Fixed and limited quantities |
| Impact | Less carbon emissions | More carbon emissions |
| Cost | More expensive to implement | Less expensive to implement |
| Examples | Hydroelectric, geothermal, solar, wind, tidal | Coal, natural gas, oil, nuclear |
Reserves
Reserves are proven resources that can be economically and technically extracted.
(Just so you understand this stuff better we made this case study - FYI there's no need to memorize the case study but use Jojo AI to go through this if you have more questions)
The Niger Delta in Nigeria has huge oil reserves, making the country one of the biggest oil producers in Africa. However, the way this resource is managed has both good and bad effects on the country and its people.
How do economic and political factors influence decisions about resource use?
Consider the balance between short-term costs and long-term sustainability.