The Valuable Natural Resources of the World, Economic Growth & The Global Environment
Natural resources are usually either renewable or non-renewable. The former refer to those resources that can renew themselves in time. These include living resources like forests or non-living ones like wind, water, solar energy. Non-renewable resources, as the name implies, are those that can no longer be tapped once the available stock at a site is exhausted. Once we use them, there isn't any more. Mineral resources are non-renewable. Fossil fuels, which are formed from the fossilized remains of prehistoric organisms, are also considered non-renewable even though they can renew themselves given a few million years. For more on fossil fuels and why they are so-called, Fossil fuels currently account for about 90 percent of the world's energy consumption. They provide around 66% of the world's electrical power, and 95% of the world's total energy demands, such as, for heating, transport, electricity generation and so on. In many developing countries, biomass remains the primary energy source for much of the population.Renewable sources have the advantage of producing lower emissions of carbon dioxide, and reducing reliance on fossil fuels. The use and conservation of natural resources such as water, land, soil, plants, and animals affects a multitude of industries, from agriculture and mining to tourism, fishing, and forestry. Managing and sustaining the eco-systems, natural resources and environmental services are essential for wealth and development. Environmental studies refer to an extensive and systematic study of nature/environment, its physical, biological, social, and cultural factors, as well as the nature and characteristics of the relationship between man and environment. Environmental studies help us understand the importance of our environment and teaches us to use natural resources more efficiently and embrace a sustainable way of living.
Keywords- Natural Resources, Economic Growth, Global Environment
Cite this Article
V.S.P.VAMSI,   "The Valuable Natural Resources of the World, Economic Growth & The Global Environment"
, International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.8, Issue 3, pp.389-421, August 2020, Available at :http://www.ijedr.org/papers/IJEDR2003060.pdf