Future Cities · Sustainability, Energy, Innovation, Climate Change, Transport, Housing, Work, Circular Economy, Education & Environmental Solutions cover image

Walter Stahel - Architect, Economist, Founding Father of Circular Economy - Founder-Director, Product-Life Institute

Future Cities · Sustainability, Energy, Innovation, Climate Change, Transport, Housing, Work, Circular Economy, Education & Environmental Solutions

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The Circular Economy - How to Incentivize It?

The key is that at the point of sale, you buy the property, the ownership, but also the liability for objects. The economic actor will profit from the longer service life and he will try to avoid waste and risks. And governments have a very important role because what can they do? First thing is don't tax labor. So by not taxing labor, but taxing unwanted things, you already give a big boost to the circular economy.

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