oboloo Glossary

Renewable Resource

oboloo Glossary

Renewable Resource

A renewable resource is a natural resource that can be replenished over time. This means that its use does not substantially reduce the availability of the resource in the future. Examples of renewable resources include solar energy, water, wind, plant matter, and geothermal energy. Renewable resources are essential for many businesses and individuals, as they provide clean, reliable sources of energy and are abundant in nature. Investing in renewable resources is an important way to help protect the environment and ensure sustainable development. Moreover, it gives businesses access to cost-effective and reliable sources of power and raw materials for their operations.