The new scientific method presented in Systems Energy Assessment (SEA) allows economic systems to be studied by physical science methods,
so that our accounting method can match nature’s.
The first major practical finding is that the total energy demands of businesses have been undercounted, with the standard LCA method commonly fining only ~80%. It does not count the outsourced energy uses for the scattered services businesses hire to operate, or their environmental impacts.
- Realistic Life Cycle Financial Accounting & business balance sheets
- Discovering how much of nature’s systems are hidden from view
- Study of complex systems as both natural objects and abstract concepts
These three main wider scientific implications of the method are found on the SEA resource page with other notes and resources. Each of which would take more explaining, but might also be helpful for suggest the intriguing challenges for learning how to apply science to the task of making the earth work for us, and us to work for the earth at the same time.
Continue reading Three Wider Scientific and Economic Implications