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Renewable resources
Resources that can generate naturally within a human lifetime (e.g. solar, wind, hydro)
Non-renewable resources
Resources that take millions of years to form and cannot be replaced quickly (e.g. fossil fuels)
Sustainable development
Development that meet present needs without compromising future generations
Tragedy of the commons
The overuse of shared resources because individuals act in their own self interest
Peak oil
The point at which global oil production reaches its maximum rate before declining
Carbon tax
A tax on fossil fuel emissions to encourage lower carbon energy sources