{"id":18167,"date":"2016-02-23T13:27:51","date_gmt":"2016-02-23T18:27:51","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18167"},"modified":"2016-02-23T13:28:08","modified_gmt":"2016-02-23T18:28:08","slug":"europes-circular-economy-opportunity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18167","title":{"rendered":"Europe’s Circular-Economy Opportunity"},"content":{"rendered":"

\"global<\/p>\n

EUROPE\u2019S CIRCULAR-ECONOMY OPPORTUNITY<\/a><\/h3>\n
A circular economy is an alternative to a traditional linear economy that uses the model of make, use, dispose of in which we keep resources in use for as long as possible, extract the maximum value from them while in use, then recover and regenerate products and materials at the end of each service life. The economy of Europe\u2019s has accumulated tremendous wealth over the past century. Partly, this success can be seen due to continuous improvements in resource productivity\u2014a trend that has started to reduce Europe\u2019s resource exposure. Nevertheless, resource productivity remains hugely under-utilized as a source of wealth, competitiveness, and renewal.<\/div>\n

A new study\u00a0\u00a0\u201cGrowth within: A circular economy vision for a competitive Europe\u201d\u00a0has provided fresh evidence that a circular economy, made possible by the technology revolution, would make Europe to grow resource productivity by up to 3% annually translating into primary-resource benefit of as much as \u20ac0.6 trillion per year by 2030 in these economies.<\/p>\n

Additionally, it would generate \u20ac1.2 trillion in non-resource and externality benefits, bringing the annual total benefits to around \u20ac1.8 trillion compared with today.<\/p>\n

CIRCULAR ECONOMY IS FOUNDED ON THE BELOW PRINCIPLES:<\/p>\n

Waste is food<\/p>\n

Waste does not exist\u2026 the biological and technical components (nutrients) of a product are designed by intention to fit within a materials cycle, designed for disassembly and re-purposing. The biological nutrients are non-toxic and can be simply composted. Technical nutrients \u2013 polymers, alloys and other man-made materials are designed to be used again with minimal energy.<\/p>\n

Diversity is strength<\/p>\n

Modularity, versatility and adaptiveness are to be prioritised in an uncertain and fast evolving world. In working toward the circular economy, we should focus on longer-lasting products, developed for upgrade, ageing and repair by considering strategies like emotionally durable design. Diverse products, materials and systems, with many connections and scales are more resilient in the face of external shocks than systems built simply for efficiency.<\/p>\n

Energy must come from renewable sources<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

EUROPE\u2019S CIRCULAR-ECONOMY OPPORTUNITY A circular economy is an alternative to a traditional linear economy that uses the model of make, use, dispose of in which we keep resources in use for as long as possible, extract the maximum value from them while in use, then recover and regenerate products and materials at the end of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[2791,161,244,281,8748],"class_list":["post-18167","post","type-post","status-publish","format-standard","hentry","category-economics","tag-circular-economy","tag-consumerism","tag-economics-2","tag-europe","tag-permaculture-news"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18167"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18167\/revisions"}],"predecessor-version":[{"id":18169,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18167\/revisions\/18169"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}