What is a Circular Economy?
In a nutshell, a circular economy is where nothing is disposed of, and nothing is wasted. All goods are packaged in minimal, recyclable packaging, and everything gets reused in some way. The reduction in waste and the need for landfills will be non-existent, and the land can be reclaimed and used for housing and growing food. Everything is a part of the circle of life. The cloth in clothing is reused, and the food scraps are recycled into compost for the garden. Larger items are re-finished, up-cycled, or reused in some way so the items can be kept out of the landfills.
The take-make-dispose linear economy that we have all grown up in is no longer a feasible option for the planet. We now realise the error of our disposable ways and are slowly making our way into a circular economy where everything is reduced, reused, and recycled. With the slow depletion of natural resources, global warming, and mountains of waste staring us in the face, the age of a linear economy is coming to an end. A sustainable circular economy is the way of the future and will be viable for our future generations.
In a circular economy, production of all goods is kept to a bare minimum, so people are less inclined to trash items that can be reused. The way items are manufactured in a circular economy also changes to promote the use of biodegradable materials as much as possible. That way, when the product can no longer be used or reused, it will decompose and return to nature without harming the planet. Products, or components of a product that can not be made with bio-degradable materials, like batteries, are disposed of in a manner that is safe for the environment.
Sustainable for Everyone
A circular economy is sustainable for everyone, and both businesses and consumers benefit it. The cost of manufacturing goods from recycled materials is less for companies, and that reduction in production costs is passed onto the consumer. It’s a sustainable way of life that is good for the environment and good for the economy. The more we work together to bring the straight lines of a linear economy together to form a circular economy, the more we will benefit.