Decarbonization As A Route Towards Sustainable Circularity

This book surveys the current research on CO2 conversion processes and shows that these can close the carbon cycle as part of a circular economy. The technical and economic feasibility of these processes are examined together and current scientific challenges are signposted, which will guide future R&D. Technology sustainability is key for meeting and keeping decarbonization goals in the long term. However, considering economic and environmental sustainability individually is not enough. An integral view of sustainability that incorporates an energy term in the equation is needed. This book brings this concept to the fore.

Time is of the essence. Climate change looms as a malignant force that will reshape our economy and society for generations to come. If we are going to avoid the worst effects of climate change, we are going to need to effectively "decarbonize" the global economy by 2050. This doesn't mean a modest, or even a drastic, improvement in fuel efficiency standards for automobiles. It means 100 percent of the cars on the road being battery-powered or powered by some other non-carbon-emitting powertrain. It means 100 percent of our global electricity needs being met by renewables and other non-carbon-emitting sources such as nuclear power. It means electrifying the global industrials sector and replacing carbon-intensive chemical processes with green alternatives, eliminating scope-one emissions—emissions in production—across all industries, particularly steel, cement, petrochemicals, which are the backbone of the global economy. It means sustainable farming while still feeding a growing global population. Responding to the existential threat of climate change, Michael Lenox and Rebecca Duff propose a radical reconfiguration of the industries contributing the most, and most harmfully, to this planetary crisis. Disruptive innovation and a particular calibration of industry dynamics will be key to this change. The authors analyze precisely what this might look like for specific sectors of the world economy—ranging from agriculture to industrials and building, energy, and transportation—and examine the possible challenges and obstacles to introducing a paradigm shift in each one. With regards to existent business practices and products, how much and what kind of transformation can be achieved? The authors assert that markets are critical to achieving the needed change, and that they operate within a larger scale of institutional rules and norms. Lenox and Duff conclude with an analysis of policy interventions and strategies that could move us toward clean tech and decarbonization by 2050.

Can we align global production and consumption systems with sustainability? Can business growth actually lead to a healthier planet? Can companies innovate through the circular economy to create competitive advantage and genuine impact? Waste to Wealth proved that the emerging circular economy advantage exists – now Lacy, Long and Spindler show you how to realize it at speed and scale in The Circular Economy Handbook. We stand at a crossroads, with rising geopolitical and geo-economic tensions, massive technological change and a host of social and environmental challenges. We are pushing planetary boundaries to their limits, with climate change and threats to biodiversity and oceans as just a few examples. Significant impacts are already being felt, and both people and planet face potentially catastrophic and irreversible consequences if we don’t urgently change our global model and systems. Our current linear “take, make, waste” models of production and consumption will not be sustainable in a world of some 9 billion people by 2050, especially with ever-expanding rates of consumption. Thriving within these dynamics demands more than incremental adjustments to business-as-usual. The circular economy offers a powerful means to decouple growth from use of scarce and harmful resources, enabling greater production and consumption with fewer negative environmental impacts—at the same time, making companies more innovative and competitive. In fact, this book shows that $4.5 trillion in economic value is at stake. Delivering on the promise of a circular economy demands impact and scale, extending through value chains and, ultimately, disrupting the entire economic system. In The Circular Economy Handbook, the authors illuminate the path from insight to action, from linear to circular. With case studies, advice and practical guidance, they show leaders how to pivot towards a holistic circular organization, embedding circularity internally and delivering broad-based system change. With unique insights across business models, technologies, and industries – featuring stories and real-world examples from circular pioneers – this book is the essential guide to help companies become leaders in the movement to secure the circular economy advantage.

The main aim of the book is to illustrate circular models for sustainable resource management. It highlights the benefits of transformative approaches in integrating, simplifying, and facilitating understanding of complex systems and transforming systems towards greater sustainability while achieving multiple social, economic, and environmental outcomes. It provides pathways towards strategic policy decisions on socio-economic transformation supported by case studies. Features: Discusses exploration of a transitional path to the circular economy, explored from the point of view of waste and technology. Explains transformational change towards sustainable socio-ecological interactions. Reviews provision of pathways towards sustainability through scenario development. Provides assessment of progress towards sustainable development goals. Presents cross-sectoral and multicentric approaches towards circularity. This book is aimed at researchers and professionals in water and environmental engineering, cicular economy, sustainability, and environmental studies.

This edited book brings out a comprehensive collection of information on principle and policy of circular economy. It deals with the general principles, pathways of circular economic development in different countries, use of circular economy in achieving sustainable development goals. The book covers policy instruments that helps implementing resource efficient processes, strategies of implementing circular economy concepts, Decarbonisation, and developing business promoting circular economy principles. The circular economy has gained increasing prominence as a tool which presents solutions to some of the world’s most pressing sustainable development challenges. By addressing root causes, the concept of a circular economy, an economy in which waste and pollution do not exist by design, products and materials are kept in use, and natural systems are regenerated provides promise to achieving SDGs. This book is of interest and use to practitioners, capacity builders and policymakers, entrepreneurs, NGOs, general people, and valuable source of reference to the relevant researchers and students in global markets. As circular economy is gaining momentum and interest in general, the book serves as reading material for undergraduate and graduate students in any field specifically environmental science, waste management, medical science as well as environmental management at national and international level.