One of six future scenarios for the collaborative economy
Climate change and resource depletion result in greater scarcity and rising costs for basic goods. Environmental sustainability and the circular economy become default concerns of the collaborative economy. Local food and energy initiatives are linked up through collaborative economy platforms, which minimises replication and helps spread surpluses to a wider market. Bike sharing and collaborative car schemes are also promoted to minimise personal car use.
Government provides incentives for collaborative economy initiatives that markedly reduce consumption as well as environmental impact; likewise, penalties and taxes are imposed on platforms that facilitate greater consumption or waste. With greater productivity of existing assets and reduced consumption, fewer foreign goods are imported (and domestic goods produced) in the UK.