"Everything around us is made from the Earth. Some things are easily replaced, while others are not. Think about the food you have eaten or the energy it took to zoom to school on the bus. What natural resources have you used today, and are they easy to replace? Step through the latest book in the Compare and Contrast series to learn about the world's resources, how long they take to reproduce, and how technology and ingenuity are helping to relieve the strain on some of our most precious reserves"--
All the solid fuels fossil energy and mineral commodities we use come out of the Earth. Modern society is increasingly dependent on mineral and fossil energy sources. They differ in availability, cost of production, and geographical distribution. Even if solid fuels, fossil energy resources and mineral commodities are non-renewable, the extracted metals can to a large extent be recycled and used again and again. Although the stock of these secondary resources and their use increases, the world still needs and will continue to need primary mineral resources for the foreseeable future. Growing demands have begun to restrict availability of these resources. The Earth is not running out of critical mineral resources – at least for the near future – but the ability to explore and extract these resources is being restricted in many regions by competing land use, as well as political and environmental issues. Extraction of natural resources requires a clear focus on sustainable development, involving economic, environmental and socio-cultural aspects. Although we do not know what the most important resources will be in 100 years from now, we can be quite certain that society will still need energy and a wide range of raw materials. These resources will include oil and gas, coal, uranium, thorium, geothermal, metallic minerals, industrial and specialty minerals, including cement, raw materials, rare-earth elements. A global approach for assessing the magnitude and future availability of these resources is called for – an approach that, with appropriate international collaboration, was started within the triennium of the International Year of Planet Earth. Some global mineral resource assessments, involving inter-governmental collaboration, have already been initiated. The International Year of Planet Earth helped to focus attention on how the geosciences can generate prosperity locally and globally, as well as sustainability issues in both developed and developing countries.
The many natural resources we use in daily life, such as fossil fuels, are not unlimited, which readers will discover from this enlightening book. They will also learn about the lasting effects of using up Earth's nonrenewable resources, and what this means for both the planet and all of us. Most importantly, however, this book shows that there are alternatives to nonrenewable resources, such as solar power, which the world is trending toward now. A thoughtful "Myths and Facts" section and "10 Great Questions to Ask a Science Teacher" will engage readers to be more environmentally aware.
This paper examines whether there is a case for temporary but persistent fiscal surpluses in economies heavily endowed with nonrenewable resources. It finds that there generally is a case. Fiscal surpluses permit replacing nonfinancial wealth with financial assets, the return on which increases public consumption possibilities of future generations for a constant across-generation tax burden. The more biased are a government’s preferences toward present generations, the lower will be the initial surpluses; the larger the finite endowment, the larger the initial surpluses. In a more general framework, including public investment, the proposition could be rephrased by replacing surpluses with stronger initial fiscal positions.
Physics and the Environment directly connects the physical world to environmental issues that the world is facing today and will face in the future. It shows how the first and second laws of thermodynamics limit the efficiencies of fossil fuel energy conversions to less than 100%, while also discussing how clever technologies can enhance overall performance. It also extensively discusses renewable forms of energy, their physical constraints and how we must use science and engineering as tools to solve problems instead of opinion and politics. Dr. Kyle Forinash takes you on a journey of understanding our mature and well developed technologies for using fossil fuel resources and how we are unlikely to see huge gains in their efficiency as well as why their role in climate change ought to be an argument for their replacement sooner rather than later. He also discusses the newest technologies in employing renewable resources and how it is important to understand their physical constrains in order to make a smooth transition to them. An entire chapter is dedicated to energy storage, a core question in renewable energy as well as another chapter on the technical issues of nuclear energy. The book ends with a discussion on how no environmental solution, no matter how clever from a technical aspect, will succeed if there are cheaper alternative, even if those alternatives have undesirable features associated with them.
The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive one volume collection contains forty-six of the most important and influential journal articles by some of the leading scholars in the field. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners.
The Changing Energy Mix compares twelve renewable and nonrenewable energy types using twelve common technical criteria. After reading this book, readers will be well-informed enough to draw their own conclusions and make their own decisions about next steps in the world of energy.
Too rapidly rising carbon taxes or the introduction of subsidies for renewable energies induce owners of fossil fuel reserves to increase their extraction rates for fear of their reserves becoming worthless. Fossil fuel use is thus brought forward. The resulting acceleration of global warming and counter-productivity of well-intended climate policy has been coined the Green Paradox. This volume presents a range of studies extending the basic analysis to allow for clean energy alternatives, dirty energy alternatives, and the intricate strategic issues between different countries on the globe.
Renewable and Alternative Energy Resources provides comprehensive information on the status of all renewable and non-renewable energy resources. Chapters discuss the technological developments and environmental impacts of each energy source, giving a valuable reference of up-to-date scientific progress, technical application and comparative ecological analysis of each source. In addition to understanding the process involved in generating energy, the book looks at possible merits and demerits relevant to environmental problems, highlighting the importance of the implementation of sustainable, approachable, cost effective and durable renewable energy resources. Designed to highlight relevant concepts on energy efficiency, current technologies and ongoing industrial trends, this is an ideal reference source for academics, practitioners, professionals and upper-level students interested in the latest research on renewable energy. - Discusses developments in both renewable and non-renewable energy sources - Highlights the status of exploitive, experimental studies conducted on the global status of alternative energies - Outlines novel opportunities for improving technologies for the billion-dollar renewable industry
