What Is Circular Economy And How Can It Help Save The Planet?

What Is Circular Economy?

Now never before this book came out would I have thought I would find economics so exciting but when someone takes something super complex and teaches you how to comprehend it and spread it, then that's something to get excited about right.

Because it is the key to the puzzle that makes policies in Government change, it provides proof of impact and strategies to change without making things worse before they get better.  It's like using data to make changes and that truly excites me.

Our economies run on systems and processes, economics is the foundation of governments as JFK said in his speech that GDP is the way out of stagnation in the American economy but not so good for the planets resources over time and as we grow in population. 

If we do not stay within the safe boundaries of the planets resources the environment will change to create changes that will make the next generation look back on our version of the world with wonder and awe and a little regret that we didn't keep it this way.

To put this in context, 1.5 degrees increase in temperature means we get to keep the Great Barrier Reef, it will be bleached to hell but we can revive it. Anything above that means there will be no World Heritage Listed GBR, it will be gone.   Science Friction Podcast - ABC Environment Reporter Nick Kilbert
COP26

The Roadmap For Circular Economies

What I love about this framework is that no one is left behind. Locally or internationally.

We look at how we are not living within our means and we use the innovation of business and the policies of government, done right not like how the Carbon Tax is being distributed to farmers without the correct increase of 20% not 20% of land even if you have 18% already covered then this policy only means you have to increase by 2% which makes little impact and has little leverage on farmers to go further into regenerative farming practices. 

We need policies that are good for business, society and the planet and yes businesses need these policies to act faster and we need to act fast.

Circular Economy is the new economy that some cool economists have devised is the way that we can live on this planet without exhausting her resources as we travel towards 11billion inhabitants by the year 2100.

It creates what is known as the S curve, instead of the GDP constant upward trajectory curve of consistent GROWTH. It is the economy that visualises the impacts of re- & up-cycling in a way that designs out the imbalance that GDP economy has created. It talks about virgin + non-virgin resources, = waste, and how by making these changes we will see the beginning of the 3rd industrial Age as we move into our new way of walking lightly on the planet. So exciting.

Doughnut Economics Explained

Change From Linear To Circular

Old Economics Doesn't Serve Us As A Planet

Factor In Free Labour - GDP Doesn't Value It

We Need A Change Of Systems To Make Change Efficient
Economists Are More Like Gardeners Today

Linear to Circular Economy; Recycle, Reduce, Repurpose, REUSE.

We Need Economies That Make Us Thrive Whether Or Not They Grow.