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Chapter 2 The Fundamental Vision • 31is the analog of the First Law of Thermodynamics, the conservation ofmatter and energy. Finally, there is a continual running down of sand inthe top chamber and an accumulation of sand in the bottom chamber.Sand in the bottom chamber has used up its potential to fall and therebydo work. It is high-entropy or unavailable matter-energy. Sand in the topchamber still has potential to fall; it is low-entropy or available matterenergy(still useful). This is the analogy of the Second Law of Thermodynamics:Entropy, or “used-up-ness,” increases in an isolated system. Thehourglass analogy is particularly apt because entropy is “time’s arrow”in the physical world—that is, we can tell earlier from later by whether ornot entropy has increased. However, unlike a real hourglass, the entropyhourglass cannot be turned upside down!With a bit of license, we can extend the basic analogy by consideringthe sand in the upper chamber to be the stock of low-entropy fossil fuelon Earth, depicted in the right-hand figure. Fossil energy is used at a ratedetermined by the constricted middle of the hourglass, but unlike a normalhourglass, humans alter the width (i.e., they change the rate of consumptionof fossil fuels). Once consumed, the sand falls to the bottom ofthe chamber, where it accumulates as waste and interferes with terrestriallife processes.To represent solar energy, the top of the hourglass on the left wouldbe vast (from the human perspective), as would the bottom; solar energy,too, ends as waste heat, but it is not confined to the Earth. It doesnot disappear, but it radiates into outer space, and unlike waste matterdoes not accumulate on Earth. The constricted middle, however, wouldbe quite small, and humans would be unable to adjust it. The solarsource of low entropy is stock-abundant but flow-limited. In other words,there is a lot of it, but we get only a little at a time. The terrestrial sourceis stock-limited but flow-abundant, until the stock runs out. The asymmetryis important. With industrialization we have come to depend moreand more on the least abundant source of low entropy. However convenientin the short run, this will be uneconomic in the long run.equals output plus accumulation. If there is accumulation, the economicsubsystem is growing. In steady-state equilibrium, growth and accumulationwould be zero, and input flow would equal output flow. In otherwords, all raw material inputs eventually become waste outputs. Thethroughput has two ends: depletion of environmental sources and pollutionof environmental sinks. Ignoring throughput is the same as ignoringdepletion and pollution. Unlike exchange value, the flow of throughput isnot circular; it is a one-way flow from low-entropy sources to highentropysinks. This is a consequence of the Second Law of Thermodynamics,the entropy law. We can recycle materials, but never 100%; recyclingis a circular eddy in the overall one-way flow of the river. Energy, bythe entropy law, is not recyclable at all. More precisely, it is recyclable, but

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