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Entropy, exergy and steady-state economy

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  • Antero Honkasalo

    (Ministry of The Environment, Finland)

Abstract

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.

Suggested Citation

  • Antero Honkasalo, 1998. "Entropy, exergy and steady-state economy," Sustainable Development, John Wiley & Sons, Ltd., vol. 6(3), pages 130-142.
    • Handle: RePEc:wly:sustdv:v:6:y:1998:i:3:p:130-142
    DOI: 10.1002/(SICI)1099-1719(199812)6:3<130::AID-SD95>3.0.CO;2-V
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    Cited by:

    1. Yazıcı, Ali Fırat & Olcay, Ali Bahadır & Arkalı Olcay, Gökçen, 2023. "A framework for maintaining sustainable energy use in Bitcoin mining through switching efficient mining hardware," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    2. Canas, Angela & Ferrao, Paulo & Conceicao, Pedro, 2003. "A new environmental Kuznets curve? Relationship between direct material input and income per capita: evidence from industrialised countries," Ecological Economics, Elsevier, vol. 46(2), pages 217-229, September.
    3. Galychyn, Oleksandr, 2022. "Towards sustainable cities: A multi-criteria assessment framework for studying urban metabolism," MPRA Paper 121584, University Library of Munich, Germany, revised 11 May 2022.

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