How does it work?
An important aspect of industrial symbiosis is the concept of a closed loop value chain where manufacturers are able to capture additional value during production.
Consumption and production ecosystems become closed loops, and no outputs throughout the life cycle of a product are wasted.
The idea of ‘waste’ disappears, to be replaced with ‘resources’ and ‘inputs’ that can be used to feed into other manufacturing processes.
‘By moving to this pathway you’re going to have better environmental outcomes and lower carbon emissions. At the same time industry will grow wealthier, not poorer’. – Dr Ben McNeil, Author of ‘The Clean Industrial Revolution’.