Switch to a circular economy could protect the environment while generating more value

In 1924, a cartel of lightbulb manufacturers including General Electric and Philips agreed to artificially limit the lifespan of their products to about 1,000 hours, down from 2,500. The scandal, revealed decades later, came to epitomize the linear consumption model of making, consuming, and then discarding products that took hold during the Industrial Revolution and has been dominant ever since.


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Source: Phys.org