Antinuclear

Australia is unprepared for the idea of “the circular economy” – but it is already core policy for many countries

A radical economic shift is coming but Canberra isn’t talking about it, SMH, By Lisa McLean, June 25, 2019  Over the next decade, the Australian economy will be hit with a radical transformation that will forever change our approach to consumption – but no one is talking about it in Canberra yet.

The transition away from our linear economy where we use and then throw away nearly all of the products we buy and consume to a circular economy where we repair, reuse and share is already gaining traction around the world.

When the G20 meets in Osaka this Friday, June 28, this phenomenon – already happening at the grass roots up, kick started by many communities and regions who rely on bartering and communal vegetable patches – is set to be raised as one of the few viable economic pathways out of our global consumption-climate-biodiversity crisis.

The world simply doesn’t have enough virgin resources to support the 10 billion people who will be on our planet by 2050.
We have exceeded our planetary boundaries and as a consequence the rapid and significant destruction of our biosphere is going to impact on health and livelihood of all people. It will lead to collapse of fish stocks, water scarcity, soil erosion, air pollution, global deforestation, biodiversity loss and the list goes on.

The circular economy is now core policy for a growing number of countries with leadership from Finland, the European Union and Canada, but it is also taking a strong hold in Asia as Japan and China implement circular economic policies to transition them to a sustainable inclusive future……… https://www.smh.com.au/environment/sustainability/a-radical-economic-shift-is-coming-but-canberra-isn-t-talking-about-it-20190620-p51ziu.html

June 25, 2019 - Posted by Christina Macpherson | General News