51 Sentences With "non renewable resource"

Non-renewable resource revenue is projected to rise 4.4 percent to nearly C$1.5 billion.

Revenue fell C$7 billion from 2014-15, mostly due to a drop in non-renewable resource revenue to C$2.8 billion.

ALBERTA NON-RENEWABLE RESOURCE REVENUES FORECAST TO BE C$5.1 BLN IN 2020/21, DOWN FROM ESTIMATED C$6.7 BLN IN 2019/20

Falling production and reserves are a concern for the industry, as finding new deposits becomes ever harder and the non-renewable resource is mined out.

Even so, Alberta expects non-renewable resource revenue, mainly from oil and gas, to rise in 21.3281-19 to C$5.3 billion, exceeding the C$3.8 billion that it had budgeted.

"Alberta's financial results are more volatile than those of other Canadian provinces because of the strong correlation of provincial revenues, especially non-renewable resource revenues, with oil and natural gas prices," S&P added.

The government expects non-renewable resource revenue to grow in 13-20 to C$6.5 billion, up C$1.1 billion from the previous year, as a result of increased bitumen royalties from the oil sands.

It also often includes elements of detective fiction and adventure stories. His fantasy includes the series The Magic Goes Away, rational fantasy dealing with magic as a non-renewable resource.

Land surface can be considered both renewable and non-renewable resource depending on the scope of comparison. Land can be reused but new land cannot be created on demand so from economic perspective it's a fixed resource with perfectly inelastic supply.

The following page lists power stations that run on natural gas, a non- renewable resource. Stations that are only at a proposed stage or decommissioned, and power stations that are smaller than in nameplate capacity, are not included in this list.

In economics, a non-renewable resource is defined as goods, where greater consumption today implies less consumption tomorrow.Cremer and Salehi-Isfahani 1991:18 David Ricardo in his early works analysed the pricing of exhaustible resources, where he argued that the price of a mineral resource should increase over time. He argued that the spot price is always determined by the mine with the highest cost of extraction, and mine owners with lower extraction costs benefit from a differential rent. The first model is defined by Hotelling's rule, which is a 1931 economic model of non-renewable resource management by Harold Hotelling.

Perlite mine in Owens Valley, California. Perlite is a non- renewable resource. The world reserves of perlite are estimated at 700 million tonnes. The confirmed resources of perlite existing in Armenia amount to 150 million m3, whereas the total amount of projected resources reaches up to 3 billion m3.

In their August 2015 contrast for The Globe and Mail between the AHSTF and the Norwegian Government Pension Fund Global, Brian Milner and Jeff Lewis wrote that Norway parks 100 per cent of its non- renewable resource (NRR) revenue from royalties and dividends in a fund that is barred from investing a krone in the domestic economy. Reports by the Canadian Centre for Policy Alternatives and the Fraser Institute concluded that Alberta should be saving more of its non-renewable resource revenues. Since 1980, the NRR in Alberta has generated almost $190 billion, but the value of the Heritage Fund was only $17.3 billion in 2014. After 1987, NRR was no longer added to the Heritage Fund.

Label on disposable water bottle highlighting positive environmental attributes. Water bottles made of glass, aluminium and steel are the most readily recyclable. HDPE and LDPE bottles can be recycled as well. Because the manufacturing and transportation of disposable water bottles requires petroleum, a non-renewable resource, the single-serve bottled water industry has come under pressure from concerned consumers.

This resulted in Saskatchewan not being able to retain 100% of its non-renewable resource revenue. Lukiwski acknowledged that the Conservative changes did not exactly fulfill the Conservative's promise with the changes, stating "If you want to say we didn't fulfil the commitment or keep our promise, fair enough." The 2007 federal budget passed with the support of the Bloc Québécois.

In the remaining 19.4%, "non renewable resource-use opportunities … can be…encouraged subject to key land- use and environmental management considerations, including enhanced community consultation where specified". In November 2012, the Yukon government presented a set of counter-proposals which would allow for a much higher level of industrial development in the area than envisioned by the Final Recommended Plan.

Sign in County Mayo, Ireland, forbidding the removal of sand and stones from a beach. Sand theft or unauthorised or illegal sand mining leads to a widely unknown global example of natural and non-renewable resource depletion problem comparable in extent to global water scarcity. Beach theft is illegal removal of large quantities of sand from a beach leading to full or partial disappearance of the beach.

For example, it is the primary form of sand apparent in areas where reefs have dominated the ecosystem for millions of years like the Caribbean. Sand is a non-renewable resource over human timescales, and sand suitable for making concrete is in high demand. Desert sand, although plentiful, is not suitable for concrete. 50 billion tons of beach sand and fossil sand is used each year for construction.

Because of this, many small rivers have been depleted, causing environmental concern and economic losses to adjacent land. The rate of sand mining in such areas greatly outweighs the rate the sand can replenish, making it a non-renewable resource. Sand dunes are a consequence of dry conditions or wind deposition. The Sahara Desert is very dry because of its geographic location and is known for its vast sand dunes.

Initially, the fund received 30 per cent of Alberta's non-renewable resource royalties.theglobeandmail.com: "Alberta and Norway: Two oil powers, worlds apart", 15 Aug 2015 Over time, successive Conservative governments propped up dubious ventures in domestic sectors ranging from forestry to aviation and food processing. During the early 1980s, the fund made loans to other provincial governments in Canada. Later the fund's money was used for capital infrastructure projects.

Since the 1990s, computerized radiography and digital radiography have been replacing photographic film in medical and dental applications, though film technology remains in widespread use in industrial radiography processes (e.g. to inspect welded seams). The metal silver (formerly necessary to the radiographic & photographic industries) is a non-renewable resource although silver can easily be reclaimed from spent X-ray film. Where X-ray films required wet processing facilities, newer digital technologies do not.

The government introduces both short-to-medium and long-term targets to help set the pace of renewable energy production. A financial barrier exists in the renewable energy sector in South Africa. Investors choose to invest in large-scale non-renewable resource companies, such as Eskom, rather than Independent Power Producers such as BioTherm, Mulilo, and juwi South Africa. The high initial capital required to employ renewable energy is a large constraint the sector experiences.

It lasted from about 400 BC to 600 AD. The decline of the Garamantian culture may have been connected to worsening climatic conditions, or overuse of water resources. What is desert today was once fairly good agricultural land and was enhanced through the Garamantian irrigation system 1,500 years ago. As fossil water is a non- renewable resource, over the six centuries of the Garamantian kingdom, the ground water level fell.Fentress and Wilson (2016) The kingdom declined and fragmented.

Further plans, some regional in scope, were implemented over the next few decades. For instance, the 1977 Policy for Resource Management of the Eastern Slopes identified watershed protection and public recreation as higher priorities than non-renewable resource development in Alberta's Rocky Mountain Foothills. However, these were implemented on a case-by-case basis, and never achieved comprehensive coverage of the province's landmass. By the late 2000s, eight disparate provincial government departments each maintained an individual interest in land use.

Large, prolific aquifers (notably the Nubian Sandstone Aquifer System and the Ogallala Aquifer) containing fossil water are of significant socio-economic value. Fossil water is extracted from these aquifers for many human purposes, notably, agriculture, industry, and consumption. In arid regions, some aquifers containing available and usable water receive little to no significant recharge, effectively making groundwater in those aquifers a non- renewable resource. Extraction rates greater than recharge rates result in lowering of the water table and can lead to groundwater depletion.

Another non-renewable resource that is exploited by humans is subsoil minerals such as precious metals that are mainly used in the production of industrial commodities. Intensive agriculture is an example of a mode of production that hinders many aspects of the natural environment, for example the degradation of forests in a terrestrial ecosystem and water pollution in an aquatic ecosystem. As the world population rises and economic growth occurs, the depletion of natural resources influenced by the unsustainable extraction of raw materials becomes an increasing concern.

The reserves-to-production ratio (RPR or R/P) is the remaining amount of a non-renewable resource, expressed in time. While applicable to all natural resources, the RPR is most commonly applied to fossil fuels, particularly petroleum and natural gas. The reserve portion (numerator) of the ratio is the amount of a resource known to exist in an area and to be economically recoverable (proven reserves). The production portion (denominator) of the ratio is the amount of resource produced in one year at the current rate.

Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Mining of stones and metal has been a human activity since pre-historic times. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation of the land after the mine is closed. Mining operations usually create a negative environmental impact, both during the mining activity and after the mine has closed.

Fossil water is a non- renewable resource. Groundwater levels decrease when the rate of extraction by irrigation exceeds the rate of recharge. By 2013 it was shown that as the water consumption efficiency of center-pivot irrigation improved over the years, farmers planted more intensively, irrigated more land, and grew thirstier crops. In parts of the United States, sixty years of the profitable business of intensive farming using huge center-pivot irrigators has emptied parts of the Ogallala Aquifer (also known as the High Plains Aquifer).

At a global level, opposition to nuclear energy stood at 62 percent in 2011. Public support for nuclear energy is often low as a result of safety concerns, however for each unit of energy produced, nuclear energy is far safer than fossil fuel energy. However, nuclear power has been the safest energy source available per unit of energy compared to other sources. The uranium ore used to fuel nuclear fission plants is a non- renewable resource, but sufficient quantities exist to provide a supply for hundreds of years.

In some areas sufficient rainfall is available for crop growth, but many other areas require irrigation. For irrigation systems to be sustainable, they require proper management (to avoid salinization) and must not use more water from their source than is naturally replenishable. Otherwise, the water source effectively becomes a non-renewable resource. Improvements in water well drilling technology and submersible pumps, combined with the development of drip irrigation and low-pressure pivots, have made it possible to regularly achieve high crop yields in areas where reliance on rainfall alone had previously made successful agriculture unpredictable.

By the twentieth century, the industrial revolution had led to an exponential increase in the human consumption of resources. The increase in health, wealth and population was perceived as a simple path of progress. However, in the 1930s economists began developing models of non-renewable resource management (see Hotelling's rule) and the sustainability of welfare in an economy that uses non-renewable resources. Concerns about the environmental and social impacts of industry had been expressed by some Enlightenment political economists and in the Romantic movement of the 1800s.

After 1987, Alberta's non-renewable resource revenues (NRR) were no longer added to the Heritage Fund. In 1983, $25.5 million from the AHSTF was used to build the Kananaskis Country Golf Course to diversify Alberta's economy while Premier Peter Lougheed was in office. During the late 1980s and 1990s, the view emerged that government "should not be in the business of business" and should not be so actively engaged in shaping the future. The Alberta Heritage Savings Trust Fund was shifted away from strategic business investments to become a savings tool investing for financial return.

The United States Environmental Protection Agency (EPA) has published a life-cycle assessment (LCA) of the environmental impacts of lead-free and tin–lead solder, as used in electronic products. For bar solders, when only lead-free solders were considered, the tin/copper alternative had the lowest (best) scores. For paste solders, bismuth/tin/silver had the lowest impact scores among the lead-free alternatives in every category except non-renewable resource consumption. For both paste and bar solders, all of the lead-free solder alternatives had a lower (better) LCA score in toxicity categories than tin/lead solder.

Groundwater is considered to be a non-renewable resource because less than six percent of the water around the world is replenished and renewed on a human timescale of 50 years. People are already using non-renewable water that is thousands of years old, in areas like Egypt they are using water that may have been renewed a million years ago which is not renewable on human timescales. Of the groundwater used for agriculture 16 to 33% is non-renewable. It is estimated that since the 1960s groundwater extraction has more than doubled, which has increased groundwater depletion.

Not only does the physical space of buildings fragment habitats and possibly endanger species, but it fundamentally alters the habitat for any other living being. For some species, this effect can be inconsequential, but for many this can have a dramatic impact. The biosphere is very much interconnected, and this means that if one organism is affected, then as a result the other organisms within this ecosystem and food chain are also affected. Athabasca oil sands are an example of anthropization as a result of the harvest and transport of a non-renewable resource, oil sands.

Nuclear fission reactors are a natural energy phenomenon, having naturally formed on earth in times past, for example a natural nuclear fission reactor which ran for thousands of years in present-day Oklo Gabon was discovered in the 1970s. It ran for a few hundred thousand years, averaging 100 kW of thermal power during that time. Conventional, human manufactured, nuclear fission power stations largely use uranium, a common metal found in seawater, and in rocks all over the world, as its primary source of fuel. Uranium-235 "burnt" in conventional reactors, without fuel recycling, is a non-renewable resource, and if used at present rates would eventually be exhausted.

Peak uranium is the point in time that the maximum global uranium production rate is reached. After that peak, according to Hubbert peak theory, the rate of production enters a terminal decline. While uranium is used in nuclear weapons, its primary use is for energy generation via nuclear fission of the uranium-235 isotope in a nuclear power reactor. Each kilogram of uranium-235 fissioned releases the energy equivalent of millions of times its mass in chemical reactants, as much energy as 2700 tons of coal, but uranium-235 is only 0.7% of the mass of natural uranium. Uranium-235 is a finite non- renewable resource.

Uranium-235, the fissile isotope of uranium used in nuclear reactors, makes up about 0.7% of uranium from ore. It is the only naturally occurring isotope capable of directly generating nuclear power, and is a finite, non-renewable resource. It is believed that its availability follows M. King Hubbert's peak theory, which was developed to describe peak oil. Hubbert saw oil as a resource which would soon run out, but he believed that uranium had much more promise as an energy source, and that breeder reactors and nuclear reprocessing, which were new technologies at the time, would allow uranium to be a power source for a very long time.

The Committee is part of the governance framework that will ensure that the proceeds from oil and gas, being a non-renewable resource are wisely invested in accordance with international best practice and to the benefit of the current and future generations. His working experience includes over 25 years in public finance management and systems design. He worked with the Ministry of Finance, Planning and Economic Development as a financial and fiscal systems consultant in the areas of public expenditure, budget management, and fiscal policy planning. He has also worked as a financial consultant and auditor for public sector and private sector organizations for over fifteen years.

Peter Derek Truscott, Baron Truscott (born 20 March 1959) is a British petroleum and mining consultant, independent member of the House of Lords and writer. He was a Labour Member of the European Parliament (MEP) from 1994 to 1999 and was elevated to the peerage in 2004. He has written on Russia, defence and energy, and works with a variety of companies in the field of non- renewable resource extraction. Previously somewhat low-profile in British politics, Truscott made headlines in 2009 as one of four Labour peers named by the Sunday Times as being willing to accept money to help companies amend bills that would have an adverse effect on them.

Truscott became a consultant and non-executive director working mainly with non-renewable resource extraction and public affairs companies throughout Europe and Russia. He developed a client list including Eastern Petroleum Corporation, controlled by the controversial Frank Timiş and another Timiş outfit: African Minerals, Gavin Anderson and Company, Opus Executive Partners, Gulf Keystone Petroleum Ltd, African Minerals Ltd, Landis & Gyr and his own consultancy firm, Energy Enterprises Ltd. Together with his wife, he bought 1,000,000 shares in Gulf Keystone Petroleum, which they bought in September 2008 at 20.75p per share, selling half of these in April 2010 for 85.22 pence per share. He additionally owns shares above the £50,000 registration minimum in African Minerals Ltd.

Instead of holding climate change commitments and other sustainability measures as a remedy to economic development, turning and leveraging them into market opportunities will do greater good. The economic development brought by such organized principles and practices in an economy is called Managed Sustainable Development (MSD). The concept of sustainable development has been, and still is, subject to criticism, including the question of what is to be sustained in sustainable development. It has been argued that there is no such thing as a sustainable use of a non-renewable resource, since any positive rate of exploitation will eventually lead to the exhaustion of earth's finite stock; this perspective renders the Industrial Revolution as a whole unsustainable.

Hotelling's rule defines the net price path as a function of time while maximizing economic rent in the time of fully extracting a non-renewable natural resource. The maximum rent is also known as Hotelling rent or scarcity rent and is the maximum rent that could be obtained while emptying the stock resource. In an efficient exploitation of a non-renewable and non-augmentable resource, the percentage change in net-price per unit of time should equal the discount rate in order to maximise the present value of the resource capital over the extraction period. This concept was the result of analysis of non- renewable resource management by Harold Hotelling, published in the Journal of Political Economy in 1931.

The Burning City is a fantasy novel of social and political allegory by American writers Larry Niven and Jerry Pournelle. It is set in an analogue of Southern California in an imaginary past shortly after the sinking of Atlantis about 14,000 years ago in the twilight of a civilization then struggling and now vanished for lack of a crucial natural, and essentially non-renewable resource upon which almost all of its economy and technology depended. The vanishing resource is not oil but mana, something vital to the technology of magic and the metabolism of the supernatural. As mana becomes scarce gods sleep and finally die, unicorns get smaller and finally turn into hornless ponies, and magic becomes less and less effective and finally vanishes.

The provincial government's revenue, although often described as predominantly coming from the province's resource base, actually is derived from a variety of sources. Non-renewable resource revenue provided the government with 24 percent of its revenue in 2010–11 with about the same coming from individual income tax, 14 per cent from grants from the federal government, and about eight percent coming from both corporations and the government's own business activities. (source: the Government of Alberta website) Alberta is the only province in Canada without a provincial sales tax (see also Sales taxes in Canada). Government revenue comes mainly from royalties on non-renewable natural resources (30.4%), personal income taxes (22.3%), corporate and other taxes (19.6%), and grants from the federal government primarily for infrastructure projects (9.8%).

The Institute is involved in R&D; studies related to environmental biotechnology and subsequent application of biotechnology based solutions for environmental problems and sustainable development. The Institute is pursuing multidisciplinary R&D; in fundamental and applied areas of environmental biotechnology by exploiting knowledge base from microbiology, biochemistry, chemistry, molecular biology, chemical and environmental engineering disciplines. The Institute aims at developing eco-friendly biotechnological processes targeting societal and industrial needs to address issues related to restoration of environmental quality, bioremediation/waste treatment, waste to wealth, climate change mitigation etc. R & D activities in the field of environmental biotechnology have been undertaken related to the development and demonstration of technologies for substitution of non- renewable resource base with renewable resources, recycle and reuse of industrial and domestic wastewater, and utilization of industrial wastes and biomass for commercial production of chemicals.

Thus, environmental economist Kerry Turner has argued that literally, there can be no such thing as overall "sustainable development" in an industrialised world economy that remains heavily dependent on the extraction of earth's finite stock of exhaustible mineral resources: "It makes no sense to talk about the sustainable use of a non-renewable resource (even with substantial recycling effort and reduction in use rates). Any positive rate of exploitation will eventually lead to exhaustion of the finite stock." In effect, it has been argued that the industrial revolution as a whole is unsustainable. One critic has argued that the Brundtland Commission promoted nothing but a business as usual strategy for world development, with the ambiguous and insubstantial concept of "sustainable development" attached as a public relations slogan: The report on Our Common Future was largely the result of a political bargaining process involving many special interest groups, all put together to create a common appeal of political acceptability across borders.

In 2013 Madelaine Drohan, author of the Canadian International Council report entitled The 9 Habits of Highly Effective Resource Economies: Lessons for Canada,and a Canadian correspondent for The Economist, echoed the IMF call for "stabilization funds" arguing that every province in Canada should consider establishing a sovereign wealth fund, as global peers have done, and treat non-renewable resource revenue (NRR) as "capital to be saved and invested, rather than income to be spent." She added that in provinces like Alberta where the Fund already exists, it "should be implemented with a great deal more rigour." Drohan warned in 2013 against the "political temptation" to "raid" the Fund and offered the Canadian Pension Plan Investment Board (CPPIB), a Crown corporation, the largest pension fund in Canada, as a model. By March 2015 the CPPIB fund had grown to $219-billion and made a 16.5-per- cent rate-of-return in 2013.

In their response to the 2010 competitive review with input from the Canadian Association of Petroleum Producers (CAPP) and the Small Explorers and Producers Association of Canada, Alberta Energy lowered non-renewable resource (NRR) royalty rates. The rate cuts included, In 2010 the oil and gas industry accounted for 30 percent of Alberta's GDP and 147,000 direct jobs. The decision to lower royalty rates to make the NRR industries more competitive was based on the economic argument that the decrease in royalties revenue would be offset by an increase in land sales and tax revenue. Following the revised Alberta Royalty Regime it fell in 2009/10 to $1.008 billion. In that year Alberta's total resource revenue "fell below $7 billion...when the world economy was in the grip of recession." In February 2012 the Province of Alberta "expected $13.4 billion in revenue from non-renewable resources in 2013-14. By January 2013 the province was anticipating only $7.4 billion. "30 per cent of Alberta's approximately $40-billion budget is funded through oil and gas revenues.

The Alberta Heritage Savings Trust Fund (HSTF) is a sovereign wealth fund established in 1976 by the Government of Alberta under then-Premier Peter Lougheed. The HSTF had three objectives: "to save for the future, to strengthen or diversify the economy, and to improve the quality of life of Albertans." The HSTF operates under the Alberta Heritage Savings Trust Fund Act and provides "prudent stewardship of the savings from Alberta's non- renewable resources by providing the greatest financial returns on those savings for current and future generations of Albertans." The Heritage Savings Trust Fund used oil revenues to invest for the long term in such areas as health care, education and research and as a way of ensuring that the exploitation of non-renewable resources would be of long-term benefit to Alberta. As of 2012, the fund was invested in stocks, bonds, real estate and other ventures, with the aim of generating revenue for the province. Between 1980 and 2014, although non-renewable resource revenues (NRR) in Alberta generated almost $190 billion, the value of the Heritage Fund in 2014 was only $17.3 billion.