What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Entropy
Thermodynamics and the Economic Process
Publication date:
2008-12-01
First published in:
http://www.vocat.co.uk/
Abstract:
This paper develops further a a model of the economic process concerning the application of thermodynamic laws to economics. The paper sets out relationships between economic output and capital, labour, resource and waste stocks, with specific reference to energy, and is backed up by analysis of data of world energy resources and climate change. the paper concludes that both energy resource availability and climate change will have significant, limiting effects on the forward path of economic development.
Published in: Vocat International Ltd
Available from: Vocat International Ltd
Life as a Manifestation of the Second Law of Thermodynamics
Publication date:
1994-01-01
First published in:
Mathematical and Computer Modelling
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 | Life as a Manifestation of the Second Law of Thermodynamcis.pdf | 178.38 KB |
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