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Moreover, if we resolve the problem in such a piecemeal way, we risk causing a “rebound effect.
5. The potential risks of a step-by-step approach towards economic change.
At the same time, it is expected that the global middle class will double by 2030, which means even higher consumption; given we consume more as we earn more.
4. A realistic prediction for the future of our planet
the creation of the so-called linear economy. In other words, it is a “make, take and dispose” economy, in which we extract natural resources, exploit them and then dispose of them as soon as a more up-to-date alternative becomes avail
3. The cause of a wasteful approach to living
the “circular economy.” The central aim of moving towards a circular economy is to increase productivity by keeping goods and resources in use for as long as possible, through recovery, reuse, repair, remanufacturing and recycling
1. A system in which resources would be exploitedto their full potential through regeneration
If washing machines, for example, were rented, the makers of the products rather than consumers would be responsible for repair and replacement.
2. A system in which resources would be exploited to their full potential through regeneration