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What are the three main attitudes countries can have towards future resource challenges?
The three main attitudes are:
Business as usual.
Technology will solve issues.
Values and lifestyle changes.
Define the economics of substitution.
In the economics of substitution, alternative materials become more attractive as minerals become more expensive, decreasing demand for the original mineral.
True or False?
Renewable energy technologies no longer require government subsidies to be economically competitive.
False.
Many renewable energy technologies, such as wind power, still require industry subsidies to be economically competitive with fossil fuels.
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What are the three main attitudes countries can have towards future resource challenges?
The three main attitudes are:
Business as usual.
Technology will solve issues.
Values and lifestyle changes.
Define the economics of substitution.
In the economics of substitution, alternative materials become more attractive as minerals become more expensive, decreasing demand for the original mineral.
True or False?
Renewable energy technologies no longer require government subsidies to be economically competitive.
False.
Many renewable energy technologies, such as wind power, still require industry subsidies to be economically competitive with fossil fuels.
What is the UN's Sustainable Development Goal related to water for 2030?
The UN's Sustainable Development Goal for 2030 includes ensuring the availability of water and sanitation for all and the safe management of water and waste chemicals.
What is the main challenge for solar energy storage?
The main challenge for solar energy storage is storing the energy for long periods.
True or False?
China controls the global supply of rare earth elements (REEs).
False.
While China attempted to withhold exports of REEs in 2010, they were ordered to lift export quotas by the World Trade Organisation in 2015.
Define integrated basin management.
Integrated basin management is a strategy where all users are involved in decision-making for water resource management in a river basin.
Define carbon capture and storage (CCS).
Carbon capture and storage is a technology aimed at reducing CO2 emissions from coal power plants by capturing and storing carbon dioxide underground.