A cheat sheet on the circular economy – AustraliaPosted on October 29, 2021 by DrRossH in Plastic Waste News
A Circular Economy proposes a system which minimises extraction, keeps materials in the economy for as long as possible and ensures they are able to be reused, repurposed or recycled at the end of their first life. It minimises environmental externalities and maximises use of renewable resources including energy.
Our current economic model is pretty much a linear one: take (extract) – make (stuff) – waste (landfill). It treats resources as infinite and assumes the environment can absorb the waste. It is therefore unsustainable in the long run.