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Symposium Examines Shifting Toward a Circular Economy

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Nearly 60 experts from the oil and gas industry, academia, government, and nongovernmental organizations gathered for a multisector symposium in February with the objectives of networking and sharing best practices. The symposium, Engineering Solutions for Sustainability: Materials and Resources, focused on the concept of a circular economy.

A circular economy is described as an alternative to a linear economy, in which goods and resources are disposed at the end of their useful life. In a circular economy, goods and resources are used for as long as possible to extract their maximum value before they are recovered. A circular economy requires

  • Raw material and energy inputs
  • Feasible engineering solutions
  • Cross-sectoral flows and linkages
  • Effective policy measures
  • Education and research

This event was the third in a series on sustainability that started in 2009. The 2009 symposium was influential in the creation of SPE’s sustainability technical section. 

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