Circular economy could be worth $2 trillion – Australia
Posted on March 30, 2021 by DrRossH in Plastic Limiting Regulations, Plastic Waste NewsSource: Circular economy could be worth $2 trillion – PwC report – Inside Waste

A report by PwC states that Australia’s circular economy could be worth up to $2 trillion by 2040, and also save up to 165 million tonnes of CO2 entering the atmosphere.
Titled, Building a more Circular Australia, the report explores the opportunity for Australia to establish a framework for sustainable growth using the circular economy methodology. PwC’s modelling indicates Australia could generate $1,860 billion in direct economic benefits over 20 years.
It will take about 20 years to do this even if we have and maintain a strong push to achieve this. Meanwhile we will still face a lot of waste to dispose of.

How many people today grab a takeaway coffee cup from the local cafe to drink on the go? We don’t know, but the number must be enormous.. Most every one of the above have a plastic top that will last 100s of years. Some cafes still use plastic cups that last a similar time. Is 10 minutes of coffee worth 100s of years of trash?
These items can be seen littering our gutters and on our streets all over the place. If they were all cardboard, they would still be littered, but they would, at least, be gone in a short time.
They do not need to be made of plastic.
On the way home from the gym last week, a distance of about 1 km (1/2 mile), I counted the items of plastic litter on the curb as I walked. In that short distance I counted 63 pieces of plastic litter. Plastic drink bottles, bottle tops, candy wrappers, plastic film, polystyrene fragments etc. That seemed to be a lot to me. I guess it is a generational thing. Our parents would have been horrified to see that amount, whereas it seems to go unnoticed by our youth of today. In another 20 years how many pieces will there be on this stretch, -- 200? What will today’s youth think of that new amount then when they are older? Will their children be so readily accepting of a higher amount of litter?
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