Now 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, at a cost and usually that cost comes out of tax payers money if we don't have Blue Carbon Credits set up and functioning properly. 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.
There are 3 pillars of Climate Action that we need to act on and fast;
Mitigation
Adaption and
Loss and Damage - this one is going to be hard as we are seen as an Annex 1 nation which means we are going to be called upon to fund the clean ups of the impacts of Climate Change on developing economies.
Even more reason to design out the inefficiencies in the linear economy so we can help others especially our neighbouring Blue Continent. Pacific Islands, Melanesia and Polynesia.
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 have the policies we need that are good for business, society and the planet we have had the Slavery Act since 2018 but it is only just getting it's first Commissioner in 2024, and we have had the Product Stewardship Act since 2011 but sadly neither have any real teeth. Even with the Climate Election done and gone we have this same old politics of fear mongering and posturing with tokenistic change. But this change was always going to be #grassroots in nature. The people who benefit from a disfunctional system are not going to change, but thankfully due to social media and especially TikTok a platform based on sharing knowledge and mental health solutions through comedy we are learning how to mobilise at an accelerated rate.
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.
These 7 x 3 minute videos give you a fast lesson in the principles of the circular economy.
Address Increasing Inequality, It Is A Failure Of GDP Economic Design >>>Distributive Design<<<
The benefits of growth does not trickle down in fact it is widening the gap between the haves and have nots.
Redistributing Wealth is a core part of the doughnut economics framework.
We blend 3 different types of study to create a unique way to address a transition in your business to reduce Scope 3 emissions.
The Micro Factories that are being launched in Cairns will take the end of life products to provide a Product Stewardship Certification processing solution. This is how we will execute Sustainable Development Goal 12 in full completion as well as SDG10, 8 and partials of 6 other SDGs.
One of our solutions is on demand manufacturing.
It has been shown to reduce costs by 88% and impacts on the planet by over 90%.
We are launching our first microfactories in Cairns by the end of 2024 with a footprint that will reach up to Torres Strait Islands down to Mackay and west to Mt Isa.
Subscibe to our newsletter or join us to be part of the solution either as a consumer or a business.
Circular Economy Far North Queensland is committed to making the transition to a Circular Economy that aligns with the Sustainable Development Goals and supporting Australian Innovation.
We collaborate with existing awesome humans to help bring Circular Economy Framework to life in FNQ. And share how we are doing it along the way. #bettertogether
JCU Ideas Lab,
Founders Space
Building D4/14-88 McGregor Rd, Smithfield QLD 4878
Circular Economy FNQ acknowledges the Traditional Owners and Custodians of the Lands on which we work and pay our respects to Indigenous Elders past, present, and emerging. We support the Uluru Statement from the Heart to achieve justice, recognition and respect for First Nations people and a referendum to enshrine a First Nations Voice in the Constitution
