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Discover the definition of financial terms related to alternative energy.
About Alternative Energy
Alternative energy, also known as renewable energy, is energy that is produced from sources that are considered to be clean, plentiful, and sustainable. Alternative energy sources include solar, wind, hydro, geothermal, and biomass, among others. These sources of energy are considered to be alternatives to fossil fuels, such as coal, oil, and natural gas, which are finite resources that can have negative environmental impacts. The use of alternative energy can help to reduce dependence on fossil fuels, reduce greenhouse gas emissions, and create more sustainable and resilient energy systems. Many countries and organizations are investing in alternative energy technology and infrastructure to help transition to a more sustainable energy future.