End-of-life goods and materials can be transformed from value lost into value gained by selling them for re-use on online material marketplaces. This practice is called circular material trading, and it enables companies to generate new revenue streams and make money out of their waste materials.
How about introducing the ciruclar economy of paper? Although we live in a digital era, we still produce an astonishing amount of paper. Globally, paper production is at 390 million tonnes, and is expected to rise to 490 million tonnes by 2020. Unsurprisingly, massive rates of paper production requires massive amounts of natural resources. Approximately 24 trees, 300 million liters of water, and 32 million BTUs of energy are used to produce just 1 ton of paper. Clearly this has a significant environmental impact, both upstream during production and raw material sourcing, and downstream when the paper and production byproducts are disposed.Continue reading “The Complete Guide to a Circular Economy of Paper”
Industrial symbiosis is a system in which corporations exchange their waste, by-products, or emissions among each other, in order for the waste that has been generated by one company to be used as a raw material by another company.Continue reading “Industrial symbiosis in the circular economy”