What is the circular economy? | CNBC Explains

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  • Published on:  Thursday, January 18, 2018
  • Imagine a world where you never throw anything away. CNBC's Elizabeth Schulze explains the circular economy.

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  • Source: https://youtu.be/__0Spwj8DkM
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Comment

  • Ana Figueira

    Ana Figueira

     10 hours ago

    H&M is fast fashion.

    It doesn't matter that they collect old clothes.
    Their model still relies on producing high volumes of clothes with meh quality, and continually launch new designs and marketing promotions so that you replace your clothes quickly.

    I definetly would not use any fast fashion business in a topic like this, even if they recycle or reuse

  • Muñi Conejito

    Muñi Conejito

     4 days ago

    This all seems very well but I’d be worried it’d be all fun and games until the leasing companies decide the lease has just gone up a couple hundred dollars and you have no options but to pay, this would have to come tied with policies and laws that would prevent those outcomes and not allow companies to increase the rents at will. If that is worked though properly, we will all be able to enjoy a healthy, responsible economy and lengthen our life on this planet as a species.

  • Naveen Gwalia

    Naveen Gwalia

     6 days ago

    this is an amazing idea

  • Pranav Pednekar

    Pranav Pednekar

     14 days ago

    yo where did that bulb come from?

  • Ole Bras De Ruiter

    Ole Bras De Ruiter

     a months ago

    You can also own stuff in a circular economy you don’t have to lease everything as long as the dispose part is done differently then it is done today

  • D A

    D A

     2 months ago

    difference=companies maintain ownership. communists

  • Jr G

    Jr G

     4 months ago +2

    Hope more companies or business will adopt CIRCULAR ECONOMY 🙂
    Hope it will be promoted by MEDIA, GOVERNMENTS and PRIVATE ORGANIZATIONS 🙂

  • hari krishnan

    hari krishnan

     4 months ago

    Where were you???

  • Claire Dorey

    Claire Dorey

     5 months ago +1

    Unfortunately H&M only recycles 10-15% of the clothes that are returned to them:( The rest go to developing countries or are disposed of:( Read their latest sustainability report - it's all there closer to the end of report.

  • Antonio Costa

    Antonio Costa

     6 months ago +4

    You use silica, tungsten , carbon, steel , copper to make incandescent light bulbs. These junior reporters are completely illiterate.

  • Elena

    Elena

     6 months ago

    can i lease a hot boyfriend?

  • lothean

    lothean

     6 months ago

    Could they do this with plastic bottles.

  • Nurul Ansari

    Nurul Ansari

     7 months ago

    I love CNBC

  • Rado G

    Rado G

     7 months ago

    Look up the table inside:).

  • Eric D. Mabuto

    Eric D. Mabuto

     7 months ago

    please do an episode on cargill

  • Harshul Chugh

    Harshul Chugh

     7 months ago

    Can cnbc explains how e-commerce giants like Amazon , Flipkart effect the retail business

  • Syndicat K

    Syndicat K

     8 months ago

    Turkey is not Europe. They wish they were in Europe!

  • anupam appar

    anupam appar

     9 months ago +15

    This is actually beneficial for companies because they can hold on to customer for years. For example if the bulb gets fused instead of buying a new bulb of some other company.. customer would have to use the bulb of same company as he is already paying subscription for it. This is also a downside for the customers though as it would be tough for them to switch companies of same product..

  • MUGASIRA CRESCENT

    MUGASIRA CRESCENT

     9 months ago

    Well explained

  • ell diavolo

    ell diavolo

     9 months ago +1

    H&M is no circular business as they don't pay the customer to return the clothes