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Circular economy

Circular economy
The circular economy is a generic term for an industrial economy that is, by design or intention, restorative and in which material flows are of two types, biological nutrients, designed to reenter the biosphere safely, and technical nutrients, which are designed to circulate at high quality without entering the biosphere. Scope[edit] Origins[edit] The circular economy is grounded in the study of feedback rich (non-linear) systems, particularly living systems.[2] A major outcome of this is the notion of optimising systems rather than components, or the notion of ‘design for fit’. As a generic notion it draws from a number of more specific approaches including cradle to cradle, biomimicry, industrial ecology, and the ‘blue economy’. Most frequently described as a framework for thinking, its supporters claim it is a coherent model that has value as part of a response to the end of the era of cheap oil and materials. Moving away from the linear model[edit] Creating the circular framework[edit]

http://en.wikipedia.org/wiki/Circular_economy

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