ABSTRACT
In this chapter we pay attention to the emerging role of ecology in economic models and theories. Next we discuss what has been launched as ecothermodynamics or the role of the fundamental laws of thermodynamics in economics and the prominence of the exergy concept. We then show how the principles of a thermodynamic analysis can be transplanted from a purely engineering application to an economic analysis. The relation between ecology and thermodynamics is illustrated with two selected examples of green chemistry. Finally, we make a plea for integrating disciplines such as economy, ecology, and science and technology, whenever important and well-founded recommendations have to be made to governing authorities.
