New Special Issue "Economics, Entropy, Energy Transition and Sustainability"
Dear Colleagues,
Since the seminal work of Ayres and Kneese (1969) and Georgescu-Roegen (1971), various research studies have explored the consequences of the thermodynamic laws for economy. Recognizing the weak consequences of these laws in economic analysis, Robert Solow has formulated the mainstream opinion as follows: “… everything is subject to the entropy law, but this is of no immediate practical importance for modeling what is, after all, a brief instant of time in a small corner of the universe…” (Solow, 1997, p. 268).
This position has been strongly criticized, particularly by environmental and ecological economists. Contributing to this field of study, this Special Issue aims to explore a crucial topic that has been raised in recent years in both policy and economic literature: the consequences of the second law of thermodynamics for economic activities and sustainability. To reflect the interdisciplinary nature of entropy and its applications, this Special Issue will include works on the following main subjects:
- The role of the entropy law in shaping economic activities
- Entropy and sustainable economic growth
- Relevance of entropy to economics
- Thermo-economics of energy efficiency
- Energy transition: key challenges and lessons learned
- Social entropy and social ecology
- Economic and social impact of renewable energy sources
- Sustainable energy efficiency financing and delivery mechanisms
Dr. Fateh Belaid
Guest Editor
https://www.mdpi.com/journal/entropy/special_issues/Econ_Energy_Sustain