Managing Risk in the Forever Society - a Primer
Managing Risk in the Forever Society - a Primer
Author(s): Laurenc L. DeVitaSubject(s): Business Economy / Management, Green Transformation
Published by: Wyższa Szkoła Bankowa we Wrocławiu
Keywords: Energy Return on Energy Investment; Maximum Power Principle; surplus of nature; basin of sustainability; sustainability debt; ecosystem value; externalities; carbon dioxide; carbon cost;
Summary/Abstract: Aim: To describe a methodology for looking at human actions in the context of a sustainable society.Research methods: Reviewed data on the health of the ecosphere, and a consideration of efforts todescribe and mediate ecosystem degradation.Conclusions: A methodology is needed to context the complex global system and it’s subordinate andconstituent systems with consequences for violating sustainable goals.Originality / value of the article: It provides a means of linearizing the complexity of systems whichuses the carbon dioxide molecule as the base unit of analysis, and locates humans within the context ofresource use. Using the concept of Energy Return on Energy Investment to evaluate variables simplifiesanalysis.Implications of the research: A global effort to consider the basin of sustainability is needed.Limitations of the research: This paper is a primer, and uses a hypothetical project to explore themethodology and concepts. It uses commonly available data to discuss the global system. A next stepwould be to use the methodology with data on an actual project or social system.
Journal: Central European Review of Economics and Management (CEREM)
- Issue Year: 10/2026
- Issue No: 1
- Page Range: 19-69
- Page Count: 51
- Language: English
