Circular economy could be worth $2 trillion – AustraliaPosted on March 30, 2021 by DrRossH in Plastic Limiting Regulations, Plastic Waste News
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.