Every year, we buy 30 billion tonnes of stuff, from pizza boxes to family homes. We throw out or demolish 13 billion tonnes of it as waste – about 2 tonnes per person. A third of what we discard was bought the same year. The extraction, use and discarding of so much stuff creates a large environmental burden, from the depletion of minerals to the destruction of rainforests.
The idea of a circular economy aims to address these problems by rejecting the take-make-dispose model of production and consumption that governs our world. Instead, waste is “designed out” and materials are kept at a high value for longer through reuse, repair and recycling.
Read the full article at: www.econotimes.com