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.
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