Growth of the American Economy
Renewable energy refers to energy sources that are naturally replenished and can be harnessed repeatedly without depleting their resources. This includes solar, wind, hydroelectric, geothermal, and biomass energy, which offer sustainable alternatives to fossil fuels. The importance of renewable energy became particularly evident during times of oil shocks and energy crises when reliance on non-renewable resources led to significant economic instability and volatility in energy prices.
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