The $1 Trillion Dollar Idea: A Circular Economy, And How You Can Be A Part Of It With Ecospace®
It is no big secret that our economic system is enormously wasteful. We manufacture harmful, toxic plastic and other non-biodegradable products for computers, cell phones, and appliances and then as soon as the new version comes out, we dispose of them without even recycling.
All of our waste ends up in a landfill (many times in other countries). This is called a linear economy. Everything starts from manufacturing and ends in a landfill. We’re using finite resources and creating massive problems with waste management.
What if we could create a circular economy? Instead of everything ending up in a landfill, what if we took plastic recycling to everything and it went back to manufacturing, where it creates new jobs and money in the process?
We’d have a healthier economy and a healthier world – here’s how it would work.
In A Nutshell
☝️ A LINEAR economy generates 100% waste from manufactured products
✔️ A CIRCULAR economy feeds “waste products” back into manufacturing, creating a sustainable cycle
✔️ A CIRCULAR economy picks up where a linear economy leaves off – generating jobs and economic revenue in the process
✔️ CIRCULAR economies are estimated to produce 100,000 jobs and save $1 trillion a year
✔️ The CIRCULAR economy is already starting right now – will you join it?
A Linear Manufacturing Lifecycle Just Isn’t Natural
First of all, it’s worth examining the fact that our current system is so fundamentally flawed we are literally breaking the natural cycle of life. Think about it. In nature, everything has a cyclical lifecycle.
In nature, you could start with comparing manufacturing to the growth of plants. Then animals consume plants for energy and bigger animals consume smaller animals, so-on and so forth.
Eventually, everything goes back into “manufacturing” (plant growth) because in nature, everything biodegrades and is used as nutrients to grow new plants. It is sustainable forever, because it’s cyclical.
A linear cycle is simply unsustainable because it is missing that last piece. So, what would a circular system look like in our economy?
How To Create A Circular Economy
A circular economy starts where a linear one ends. Essentially, it has to do with creating an entire industry out of waste management.
Instead of everything going into a landfill, when trash is collected it would be sorted into compost and recyclable, reusable, or upcyclable materials.
Compost is the natural biodegradation cycle that nature uses – this kind of waste would feed plants and generate new value through nutrients in that way. But with the new materials of our economy, we have other types of upcycling that generate new value.
For instance, old phones could be refurbished as new models or disassembled and completely broken down to their components and reused completely. This makes a lot of sense because certain materials like rare earths are just that – rare – and finite.1
Being able to re-use rare earths and other materials again and again and again would allow the circular economy to create value 360° - paying an entirely new industry to recycle these materials and feed them back into manufacturing.1
The Perfect Circle
The ideal circular economy, would begin with 100% plant-based manufacturing. Then, before any sort of waste management was considered, there would be the options for upcycling or reusing materials.
Incineration and landfill are the traditional methods of disposal. Luckily, Ecospace® products are chemically inert and neither of those methods will cause danger to the environment if they are used.
Finally, the second half of the circle consists of composting items so that they can become nutrients for the next generation of plants used in the manufacturing process. Eventually recycled materials or composted materials are remanufactured back into the 100% plant-based manufacturing process, forming a completed circular economy!
Sustainable Job Creation, Economic Boost And Amazing Environmental Value
This has profound implications for the economy as we know it.
In fact, a recent report released by the World Economic Forum in conjunction with the Ellen MacArthur Foundation and McKinsey & Company estimates that a circular economy could save one trillion dollars annually and create 100,000 new jobs in the next 5 years.2
They estimate that manufacturing would be much less expensive, and material costs of smart phones alone could be cut by nearly 2/3 in a circular economy.2
Not to mention the amount of waste we’d be producing would be reduced to practically ZERO. Creating a circular economy isn’t easy, but it certainly is worth it.
Are You Ready To Be A Part Of The Circular Economy? It’s Already Starting Right NOW!
In order for this to work, everyone has to do their part. We are determined to do our part and help you do yours.
At Ecospace®, we believe so firmly in this concept of a circular economy we’ve built it into our business. Our bioplastic cutlery is designed to be compostable or used for plastic recycling and upcycling by transforming it into E-PLA that reduces the world’s reliance on traditional plastics.
The best part is we are willing to help you become a part of the circular economy with 100% FREE pickup of our pre-owned bioplastic products anywhere in the US, UK, EU and Canada. From there, we
will re-manufacture and plastic recycle them 100%.
Join the circular economy with Ecospace® today ► sign up for our newsletter and keep your self up-to-date or buy one of our compostable CPLA bioplastic products!