A Thermodynamically Correct Treatment of Externalities with an Exergy-Based Numeraire.docVIP

Sustainability 2012, 4, 933-957; doi:10.3390/su4050933 OPEN ACCESS sustainability ISSN 2071-1050 /journal/sustainability Article A Thermodynamically Correct Treatment of Externalities with an Exergy-Based Numeraire Enrico Sciubba Department of Mechanical Aerospace Engineering, University of Rome 1 La Sapienza, Rome, Italy; E-Mail: enrico.sciubba@uniroma1.it; Tel.: +39-06 Fax: +39-06Received: 26 February 2012; in revised form: 25 March 2012 / Accepted: 19 April 2012 / Published: 7 May 2012 Abstract: The concept of “sustainable development” implies that the env