June 26th, 2015
In recent years the circular economy has emerged as something of a new Holy Grail for the resource sector. The European Commission has joined the quest and we currently await its revised circular economy package. In the literature, one frequently comes across the argument that a transition to a circular economy will be inevitable as businesses respond to rising commodity prices and increased price volatility, driven by rising demand coupled with resource scarcity. This, it is claimed, will start to make the business case for the circular economy increasingly self-evident.