Renewable and Non-Renewable Resources: a Review

Published in Journal

Journal of Advances and Scholarly Researches in Allied Education [JASRAE] (Vol:15/ Issue: 12) DOI: 10.29070/JASRAE
Authors: Ashok .*,
Subjects: Multidisciplinary Academic Research

Year: Dec, 2018
Volume: 15 / Issue: 12
Pages: 281 - 283 (3)
Publisher: Ignited Minds Journals
Source:
E-ISSN: 2230-7540
DOI:
Published URL: http://ipublisher.in/p/78851
Published On: Dec, 2018

Article Details

Renewable and Non-Renewable Resources: A Review | Original Article

Ashok .*, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

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ABSTRACT:

The paper considers the change of an economic system from non renewable to unlimited energy. The Hotelling theorem indicates extracting a non renewable aid in an ideal manner like the source has a tendency to be exhausted when optimally extracted. Nevertheless, it may not be sensible to deplete non-renewable sources of energy that create externalities including Global warming and co2 emissions. The newspaper sets up a canonical development type with damages in the household's welfare performance as well as 2 sources of energy - renewable and non-renewable energy.