The Abstract of The Circular Economy

The circular Economy is a substitute to a customary linear economy that is (make, use, dispose) in that all of the resources utilize for long time, so that the production and depose of these material can be reduce. The  circular Economy  also extort the utmost value from them at the same time as in use, then regenerate and recover materials and products at the each service life end. In this paper there is discussion about the difference between the efficiency  and  effectiveness  for  the  circular  economy, three  strategies  to  force  the  changeover  to  new  economy of plastics  and the analyzing an assumption given about the circular Economy. For the circular economy effectiveness the best method to do a particular practice weather it is about using the right material or recycling in a best and most influential way possible [1].

1.      Briefly summarize the  building  blocks  and  the  difference  between  efficiency  and  effectiveness  for  the  circular  economy. 250

The economy efficiency means minimizing the toxicity and volume of materials flow that can be dispose. It is quite obvious that we create products, use them (typically not for long time) and at the end disposes them of in the environment. If we introduce economy efficiency, then there is the possibility that the reduction in the amount of material that people purchase and try to dispose  in best possible way that  would be more sustainable for environment. Sometimes it is good to recycle, although frequently the material that is recycled will just be helpful for a partial uses — it will also be of lower excellence than the first hand material [2].

 It can be said that this efficiency of economy is certainly better than not doing anything about it. It is true that it doesn’t deal with fundamental ‘cradle-to-grave’ system nature— the reality that all products are created (cradle) and eventually end up in waste (grave). The effectiveness of the resource and the circular economy are critical for potential better international prosperity [3]. Some of the initiatives and projects about country are investigative how resource effectiveness and circularity introduced in a range of sectors. After the economy efficiency the effectiveness means to do something in best way that have the maximum influence. For the circular economy effectiveness the best method to do a particular practice weather it is about using the right material or recycling in a best and most influential way possible.

2.      Using  the  2017  report,  describe  the  three  strategies  to  drive  the  transition  to  the  new  plastics  economy.  250

According to 2017  report, three  strategies  to  force  the  changeover  to  new  plastics  economy are as follow [4]:

·         “Without  Fundamental  Redesign  and  Innovation,  about  30%  of  Plastic  Packaging  Will  Never  Be  Reused  or  Recycled (Ellen Macarthur Foundation, 2017, p. 17)”

According to this strategy about half  of  items  using packaging of the  plastic  and about  30 percent of  whole  market  ,  consists  of  4  section:  multi-material   packaging;  nutrient- contaminated  small-format  packaging;  and  uncommon  plastic  packaging  materials;  packaging .  While  frequently providing  high  functions,  all of this types  of packaging  not  have   feasible  recycling  or  reuse  path  and  are  not likely  to  have  one  at  balance  in  predictable  future [1].

·         “For  at  least  20%  of  plastic  packaging,  reuse  provides  an  economically  attractive opportunity (Ellen Macarthur Foundation, 2017, p. 17)”

The  packaging  of plastic  opportunities of  reuse  quantified  and  identified  in  this  modernize  report correspond to  at  least  20 percent  of  market,  by  weight.  For examples  the home care  and  personal  carrier  bags  and  bottles  could  manufacture  about  six  million tonnes  of  substance  investments  and also a chance of the economy  by  9  billion $ [2].

·         “With  concerted  efforts  on  design  and  after-use  systems,  recycling  would  be  economically  attractive  for  the  remaining  50%  of  plastic  packaging (Ellen Macarthur Foundation, 2017, p. 18)”

This  net  cost  estimation  exclude  the  extra  societal  and  environmental  reimbursement  of  recycling  plastics  for example:  reduced  gas  emissions of greenhouse  ;  concentrated  impacts on environment  on  ground  use,  air  quality and  biodiversity  ;  and  creation of job  .  For  instance,  1  tonne  plastic  gathered for  purpose of recycling  avoids  production  of  an  predictable  1  tonne  of  carbon  dioxide  that is equal to the  greenhouse  gas  measure up to  the  mix  of  incineration  and  landfill  with  recovery of the energy [4]  .

3.      Describe any assumptions  made  and  any  disclaimers.  Are the assumptions  valid  or  how  would  these  be  tested?

 “Total oil consumption expected  to  grow  slower  (0.5%  p.a.)  than  plastics  production  (3.8%  until  2030  then  3.5%  to  2050) (Ellen Macarthur Foundation, 2016, p. 29)”

Above is the assumption about the oil consumptions and plastic production in the future. I think this assumption is quite valid depending on the present consumption of oil and plastic production.  In the future it is expected that the overall consumption of the oil and plastic production would reduce, although the figure cannot be estimated. I think this assumption is not partially valid because after 2030, the production of plastic would expected to reduce more than it is mention, as currently many of the companies and government looking for the more sustainabile alternatives of the plastic [1].

Conclusion of The Circular Economy

Summing up the discussion it can be said that the economy efficiency also lead towards possibility that the reduction in the amount of material that people purchase and try to dispose  in best possible way that  would be more sustainable for environment. The effectiveness of the resource and the circular economy are critical for potential better international prosperity. Plastic  opportunities of  reuse  quantified  and  identified  in  this  modernize  report correspond to  at  least  20 percent  of  market. In the future it is expected that the overall consumption of the oil and plastic production would reduce, although the figure cannot be estimated

References of The Circular Economy