Working paper proves conservation asset value decomposes into intelligence rent and entropy charges, extending thermodynamic economics.
Series S1 (D-Capital Valuation) of the Viridis Canon. Proves the Thermodynamic Valuation Theorem (TVT): a conservation asset's value decomposes into gross intelligence rent minus three entropy-priced charges (coherence reserve, measurement deadweight, capitalized monitoring); the certification credit term structure is a strictly decreasing inverted-√T curve; and certification energy is conserved. Extends the thermodynamic-economics line (P4) under the Intelligence Bound. Scope. Lean 4 (Aristotle-verified, zero sorry) certifies the algebraic/structural results, not empirical magnitudes. Working paper; not peer-reviewed.
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Hart et al. (2026) studied this question.
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