Quantifying the potential benefits of a circular economy to South Australia
Quantifying the potential benefits of a circular economy to South Australia
Working with EconSearch, Colby Industries and University of Queensland, Lifecycles led this watershed study to evaluate potential impacts in terms of job creation, greenhouse gas emissions and energy use if South Australia were to transition to a more circular economy in 2030.
The report blended the results from the environmentally extended input output modelling with international and local case studies to demonstrate how a circular economy could benefit the development of the state whilst contributing to GHG reduction targets and supporting energy independence.
Over the past two decades, through astute policy and targeted investments, South Australia has substantially transitioned away from a traditional linear "take-make-dispose" economy. This study was the first attempt at understanding what a circular economy would mean for South Australia and evaluating the opportunities it might create.
The results of this study provided insights into how South Australia could create jobs and reduce carbon emissions in an innovative and sustainable way.
