The need of a circular economy on a global scale is no longer just a discussion on future, it is the need of the hour and so does the smart ways to live, travel and thrive, we are living in the future and we must take action on what was suggested to be a threat for the future because the time to prevent irreversible damage, sustain quality life, and enough resources for coming generations is now.
Hi everyone, thank you for joining me today, I am your Host Charlie, and you are listening to Civils Bites were we talk about the future of the world’s foundation, our future and a modern day human being and how can we make it a better place for ourselves and generations to come.
Today’s topic of discussion Is a mix of vitally important aspects of our lives, the world economy, a transportation system that can support the economy and the costing of the whole lifecycle. If it sounds confusing right now, make sure you stay with me till the end, and I hope it will be as easy as it gets.
The importance of how industries are adopting to a circular economy is growing in number and involving many models at scale to innovate and to give answer to the regulations and concerns raised over carbon footprints and irreversible environmental harm.
By using the right tools, frameworks and awareness to the producer and the consumer while keeping a strict eye over the standards, governments like the UK and those who take active responsibility in making the world better can regulate and govern industries and how they should function to meet the market needs while meeting their carbon emission goals.
Practices like these set expectations levels on a central level, everyone who is involved in the cycle knows the end product and it effects on the environment, however there are still some industries who are responding to the need by moving towards a truly circular economy.
Sustainability is a strong word, and the value it holds extends beyond policies, how people perceive their values can help businesses gain advantage over the competition. In a Traditional setting, economy functions linearly, following a system of creation and use. Take it in the transport industry content and it might answer the over use and dependence on fossil fuels as our main source of driving the economy and providing for our energy and power needs.
If we move away from the mainstream models of economy, the circular economy can opt for a method of creating and disposing goods in a fashion that suits the waste reduction, and ads to the reusability and the reparability and it’s tendency to get recycled to be added to the system once again anew rather than spending eternity in a landfill where future crop could have been grown.
Speaking of circular economy and transportation together, the initiatives taken so far had a very successful outcome, Including schemes undertaken by globally recognized brands like DHL’s pledges to reduce carbon emissions or Rolls Royce TotalCare Program.
So when it comes to a circular economy the goals are always common, shared across the board and often fuel the same initiatives, they close the loop on material production, while promoting efficiency and robustness of a supply chain. On closer inspection, these initiatives capture a desire for more sustainable practice, but also a sense of innovation in product design, performance and longevity.
On the other hand Infrastructure is the backbone of the global economy. Public assets that are responsible to bring the essential services of life to people like businesses through investment in the transport, energy, social, communications, water, and waste sectors.
However, infrastructure consumes around 60% of the world’s resources and contributes around 10% of global greenhouse gas emissions through construction alone. A better governed circular system that has the potential to bring out an impact that will last the next 5-6 decades is important alone to alleviate the scarcity of the resources.
The 1.5°C Paris Agreement target can only be achieved by combining renewable energy and energy efficiency with other approaches, including circular economy.Paris Agreement
The reason of why I am saying this now is because to achieve the model of a circular economy and bind production, supply and consumption of materials into closed loops while reducing the the stress from the world’s finite resources, it is important to invest in the most sustainable way to transportation. The Damages Fossil fuels have done to our environment, health, average life span and other animals not every specie is lucky enough to say that they still have got time.
The agility of a society and the economic growth of a region is linked to the availability of natural or man made resources and how well accommodated they with the facility to transport and coordinate demand. In the last 10 years aline, the trend of market globalization and increased it all time high and has replaced man in many places, If it haven’t replaced technology has reduced the need of hard labour by man and now it takes care of the dangerous things using machines in an air conditioned cabin safe and sound.
The urban growth of population and expanding regions has led to minimize the gaps between places and have provided with expansion corridors on the intercontinental and international scale as well as on a national, regional and local level.
It’s worth mentioning at this point that the decisions of where the new routes should be mapped for the infrastructure development is as complicated as it is exciting, since the industrial areas can not bear ofsets and everyone was to be present as close to the hot sport as possible.
This can be addressed by optimized and well managed transportation system. It has a crucial role in the socioeconomic development and it’s contributions can be observed a long way ahead then previously anticipated.
Europe, North America and many other regions have been highlighted as their core transport policy focuses on inter-modal transport which is seen as a sustainable mobility solution, environmentally friendly and efficient in terms of resources and overall cost.
In the industry of materials manufacturing and much more , sustainability and renewability has come from a need to innovate and create a product so good, better than the last ones which became waste often and easily. This is such an areas where thermo-plastics have shined their way, they can be recycled, moulded, and repurposed again and again which makes them a great choice of material. They have also helped us as nations to find the ultimate solution for recycling and reusing the waste that we have already been producing. Using TPUs can help engineers and producers to achieve the carbon emission goal without producing more waste.
The same principle if applied to the motor industry, where materials perform a critical function of safety, different combinations are used to enhance the auto design and with ever shrinking emission targets and tightening legislation, a new pressure on material engineers in there. Now they have to innovate designs, invent new technologies and this time there are more checks on the board that make the new upcoming technology viable or not and how much they benefit in terms of performance.
Within the scope of a circular economy model, public transport can reduce harmful practices, such as steep and increasing emission rates. More Importantly the public transport can be encouraged to maximize the existing infrastructure and vehicle usage so it can benefit in the reduction of operational costs.
Adopting to a circular model of economy for the transportation could result in observing a much fuller scope on the horizon of change, weather it’s the waste that it reduces or find new ways to reconstruct existing goods again and again or in finding new combinations to increase the efficiency of the product. The circular economy represents a spectrum of opportunity to upgrade how we think about and practice more environmentally sustainable habits, starting with product design.
With that we have come to an end of this episode, I hope this has been a moving discussion for you, make sure to join me next week with another amazing topic, engage with me via comments or social media, share your thoughts and remarks, thanks for joining, catch you in the next one.