I support the recycling of materials like plastic to be increased.
Less garbage wasted and less environmental pollution.
I don't know about whether or not the concept of "circular economy" would work.
There should be an incentive for the companies and households to join this process.
If recycling lowers the quality of raw materials,then maybe new types of materials should be invented.
Materials that don't lose their quality,when they get recycled.There's room for innovation.
Topic: Will circular economy work ? - page 3. (Read 381 times)
How can you achieve this circular economy? When people have a lot of money, their desire new and premium things instead of buying something old and used, even if its fully functional.
Well, precisely because not everyone has a lot of money, and there are people who like to save. You can buy reconditioned things much cheaper. I do believe that it can have some success.
How can you achieve this circular economy? When people have a lot of money, their desire new and premium things instead of buying something old and used, even if its fully functional. If a government tried to regulate this and limit how much things people could buy, this would have negative consequences for the economy and would be met with serious protests.
It cannot be sustainably maintained in ever industry, but it surely can work in many others and can be a good way of reducing waste while reducing the cost if production as the previous waste products would simply be recycled for use again.
It can also help the lower class members of the society as many people own products which could be useful to others, but have no way of reaching out to them, a functional circular economy can connect that bridge and make it much easier.
It can also help the lower class members of the society as many people own products which could be useful to others, but have no way of reaching out to them, a functional circular economy can connect that bridge and make it much easier.
I can imagine the circular economy having steep on-ramps and that'll be a problem with it.
The companies that make the best comments normally go out of business because they can't compete on price and they collapse before their quality gets noticed (most of the time).
Style 1: you buy a phone from a circular economy place for $2000 and buy parts every time one becomes faulty as well as sorting the diagnostics for those parts. In the current economy this will always be really expensive unless you're planning on using your phone for say 2 decades in which case it might work.
Style 2 (and this happens a lot with custom made machinery already): you buy the item and pay a subscription/insurance on it to get it fixed. This would also be quite a costly approach for the consumer unless they're already used to paying a contract in the item (this is already done with cars in some cases).
The companies that make the best comments normally go out of business because they can't compete on price and they collapse before their quality gets noticed (most of the time).
Style 1: you buy a phone from a circular economy place for $2000 and buy parts every time one becomes faulty as well as sorting the diagnostics for those parts. In the current economy this will always be really expensive unless you're planning on using your phone for say 2 decades in which case it might work.
Style 2 (and this happens a lot with custom made machinery already): you buy the item and pay a subscription/insurance on it to get it fixed. This would also be quite a costly approach for the consumer unless they're already used to paying a contract in the item (this is already done with cars in some cases).
Will circular economy work ?
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
In practice, it implies reducing waste to a minimum....
https://www.europarl.europa.eu/news/en/headlines/economy/20151201STO05603/circular-economy-definition-importance-and-benefits
It should work and it's better for the society in overall. Imagine: Instead of paying high price in new, you buy old in cheap price and make a new one out of it. Imagine if you could upgrade old PC components via recycling them instead of buying new ones every time, this is the case here. It's not only good for the nature but it can be cost effective for the business, it can meet the high demand and increase the supply. The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
In practice, it implies reducing waste to a minimum....
https://www.europarl.europa.eu/news/en/headlines/economy/20151201STO05603/circular-economy-definition-importance-and-benefits
We will adopt the circular economy. As time goes, the things change and this is the new thing that will come up in near future
I guess it's becoming popular in Western Europe?
I think the systems implemented in a circular economy are very good because they can be an alternative to a linear economy because with this circular economy we can keep resources in use for as long as possible, extracting maximum value from them when they are used, then recovering and regenerating products and materials at a level end.
and with this system they are able to drive higher green growth than the “business as usual” scenario, by designing production systems that require less resources, ensuring that raw materials are extracted and used as efficiently and as long as possible.
but it might be a problem too because it uses a recycling system and of course when goods are used continuously from recycled goods that have been used automatically the quality of the goods will decrease little by little and this will be one of the obstacles also for the circular economy.
and with this system they are able to drive higher green growth than the “business as usual” scenario, by designing production systems that require less resources, ensuring that raw materials are extracted and used as efficiently and as long as possible.
but it might be a problem too because it uses a recycling system and of course when goods are used continuously from recycled goods that have been used automatically the quality of the goods will decrease little by little and this will be one of the obstacles also for the circular economy.
I don't think it will fully work, because at some point, those reused and refurbished items will have its quality degraded badly that its safety, efficiency, and practicality will no longer be beneficial to the members of the economy. Circular economy is not really 100% achieved even in most ideal settings, and people will have to throw away things that have far exceeded their usability. Recycling and refurbishing things is always good, but there needs to be a complementary solution to the problem that we have in overproduction and excessive waste in our planet.
This will work for certain products that can are good to be recycled and refurbished. Well, right now, we're experiencing this. I've been looking to buy some things online that I need for example a laptop. Those that I'm looking at as brand new are quite expensive and I saw a particular shop that tells that they have brand new but as I look at the price, they're extremely cheaper. So I ask them if they're selling a refurbished laptop and they said yes. I think this example shows also that those that have been doing it to their products must be honest to their customers.
Will circular economy work ?
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
Face the Global warming issue, it looks that we have no choices but to use the cricular economy [as defined by op]. this would also help tackling biodiversity extinction and polution which are main consequences of the classic economic model.The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
I can't count how many materials that can be manaaged through recycling, composting, and so on, it's huge quantity for sure. But i know that to get along on our globe, we should stop wasting too much of th Earth natural systems and the circular economy seems to provide the best possible solution until we maybe will find better solutions evading the space and start exploiting other planets or any other celeste object the same way we used to use solar energy for instance .
I'm biased on this because if the wastage is to be lessened, then it's good but it will work or not will completely depend upon the quality of the products that are being shared or sold ahead. If the quality of refurbished products isn't good, just the way I mostly see bad reviews of people buying expensive smartphones whose costs are cut down due to them being sold as refurbished products but still people are not satisfied, then this economy will turn out to be a huge failure. But yeah, if we talk about recycling of products, it is possible that some products (for eg.
like plastic bottles or even glass bottles are not thrown away but given back to these companies through a chain, then that would definitely work in benefits of people.
like plastic bottles or even glass bottles are not thrown away but given back to these companies through a chain, then that would definitely work in benefits of people.
Will circular economy work ?
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
In practice, it implies reducing waste to a minimum....
https://www.europarl.europa.eu/news/en/headlines/economy/20151201STO05603/circular-economy-definition-importance-and-benefits
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
In practice, it implies reducing waste to a minimum....
https://www.europarl.europa.eu/news/en/headlines/economy/20151201STO05603/circular-economy-definition-importance-and-benefits
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