A U.S. company, Best Buy, is offering buyback program for electronics consumers. Customers buying a laptop, netbook, tablets and so on can purchase the Buy Back program and know that Best Buy guarantees to buy back, for example, the laptop, within two years for up to 50% of the purchase price as long as the device is working. The old equipment is either resold, refurbished or recycled…not sent to landfill. An almost guilt-free route to upgrading your equipment?
China controls 95% of all the world’s rare earth supply. Electronic equipment can’t run without rare earths. The fewer new devices we need, the less reliant we’ll be on the limited free supplies of rare minerals.