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Entropy, exergy and steady‐state economy
Author(s) -
Honkasalo Antero
Publication year - 1998
Publication title -
sustainable development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.115
H-Index - 64
eISSN - 1099-1719
pISSN - 0968-0802
DOI - 10.1002/(sici)1099-1719(199812)6:3<130::aid-sd95>3.0.co;2-v
Subject(s) - sustainability , exergy , environmental economics , entropy production , sustainable development , production (economics) , laws of thermodynamics , macro , environmental sustainability index , environmental degradation , economics , natural resource economics , environmental resource management , computer science , engineering , process engineering , microeconomics , thermodynamics , political science , non equilibrium thermodynamics , law , ecology , programming language , physics , biology
The steady‐state economy, developed by Herman Daly, is a model for sustainable development at the macro economic level. By applying the second law of thermodynamics, the steady‐state model combines the depletion of resources with pollution and places the reduction of degradation losses at the focus of environmental protection. The most important precondition for sustainability is the scale of matter/energy throughput. The steady state can be applied also at the industrial site level. It has value for industrial companies as a conceptual tool, when they are setting environmental goals and targets, building up environmental programmes and seeking new possibilities for developing more environmentally sound production processes and products. Copyright © 1998 John Wiley & Sons, Ltd and ERP Environment.