66 #Science | Green What are the best practices regarding the creation of opportunities with a responsible approach you wish to share with the audience of the Luxembourg Green Innovation Summit? The time is right and ripe for the circular economy: saturated markets for many objects, long-life technologies (electro instead of combustion engines), non-recyclability of hightech objects (solar, wind, IT), rising commodity prices, trend to reusable technology (Space X’s Falcon 9 rockets). Sustainable innovation in the circular economy encompasses numerous opportunities; techno-commercial strategies in the ‘era of R’ for goods, and opportunities of scientific and technologic innovation in the ‘era of D’ for materials, as well as new professions of ‘holistic skills’, such as restorers of vintage technical objects, antique furniture and other collection items which are part of our cultural capital. The ‘era of R’ comprises techno-commercial strategies to re-use, repair, restore, remarket, remanufacture and re-programme objects as well as to re-refine and recycle catalytic chemicals, such as lubrication oils. Also needed is related innovation in marketing, policymaking and R-technologies: reuse options lead to innovation in equipment; banknotes or bottles, for instance, do not come in identical batches and need tolerant equipment (ATMs, bottling plants) to cope with qualitative variations. At some point, the options of the ‘era of R’ come to an end. A few objects may become part of national heritage, but the majority will enter the ‘era of D’. The ‘era of D’ comprises technologies and policies to de-link assemblies, de-polymerize, de-alloy, de-laminate, de-vulcanize, de-coat materials in order to recover atoms for reuse; and to de-construct infrastructure and high-rise buildings in order to reuse materials, and related innovation in D-technologies. Waste and secondary resources are a thing of the past if atoms or molecules can be recycled to the quality and purity of virgin material, such as sr-PET (self-reinforcing PET), which can be re-melted and reused indefinitely. The highest competitiveness and profit potential of circular economy innovation may lie in the ‘Era of D’. Many new technologies and processes in chemical engineering and material sciences can be patented; corporate income then comes from licensing knowledge instead of selling materials. Mining countries are looking at these options— whoever is first wins. The Ana Intercontinental hotel in Tokyo was the first high-rise building to be sustainably deconstructed, disassembled top down in a closed room with minimal noise and dust emissions. Bringing items down efficiently from the top of a highrise building enables to recover the energy spent on hoisting them up in construction, making deconstruction a low carbon activity. The biggest societal benefits potential of circular economy innovation is the ‘era of R’—reuse, repair and remanufacture offer ample techno-economic opportunities in a skilled-labour intensive regional economy. And society needs policy innovation: labour is the only renewable resource, which can be educated but will deteriorate if unused. Not taxing labour but taxing things society does not want, such as emissions, consumption of non-renewable resources and waste would create a landslide change of the economy. <strong>BEAST</strong> MAGAZINE #8
REGISTER NOW GREEN INNOVATION SUMMIT 19 OCTOBER <strong>2017</strong> ETABLISSEMENT NAMUR LUXEMBOURG Guest Speaker WALTER STAHEL Founder-Director, The Product-Life Institute Geneva One of the founding fathers of the circular economy 5 Awards Exclusive innovative pitches & keynote speeches Great networking moments GALA.GREENWORKS.LU Info & contact : team@greenworks.lu