A linear economy has long been promoted in the name of productivity. However, its core “take-make-waste” ethos stands at a critical juncture due to its widely reported environmental disadvantages and resource scarcity.
The extraction and collection of raw materials require high energy and water consumption. Additionally, the production process emits many toxic substances, which puts a heavy strain on the environment. Furthermore, the accumulation of waste resulting from accelerated production and consumption is also detrimental to our ecosystem.
Another problem with using natural resources, including mineral and fossil fuels, is that they are non-renewable, meaning they will eventually run out. For example, the CIA World Factbooks estimates that oil will run out by 2052, while coal and natural gas could only last until 2060. This is simply the current estimate. Perhaps, the last days of these limited resources may come sooner if exploitation continues at its current speed.
Read more about circular economy in Japan
- 2025-03-28: Targetting 25,000 tonnes of recycled plastic for automotives by 2031
- 2025-03-27: Ministry of the Environment declares finance for a greener economy
- 2025-03-18: Okayama's Panel to Panel solar panel circularity with new methods
- 2025-03-09: The Ethical Spirits introduces new gin with Botanica Bloom
- 2025-03-07: Mitsubishi Chemical's European project closes the loop on automotive waste