Fossil fuels, definition

A fossil fuel is a natural fuel, such as coal, gas, or oil – and is formed from the Earth’s crust. Fossil fuels are extracted and used to be burned as fuel: such as for a train powered by coal. Fossil fuels are also used to provide heat or generate electricity. 

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What is the Financial Accounting Standards Board (FASB)?

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What is the Financial Accounting Standards Board, also known as the FASB, and how does it work to develop reporting and accounting standards for both nonprofit organisations and businesses?

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