- Circular Economy
Potential Benefits of a Circular Economy in South Australia - report (2017)
This study has demonstrated that by beginning to implement a circular economy, South Australia could potentially decouple its economic growth and development from the consumption of finite resources. It shows that, even with a conservative modelling approach, potential benefits – in terms of jobs, greenhouse gas emissions and energy use – are substantial, and therefore worth understanding more and pursuing actively. It provides a potential vision for how South Australia could create jobs and reduce carbon emissions in an innovative and sustainable way.
Environmentally extended input output modelling was selected to look at the big picture in a consistent way across all sectors. It provides insight into the structural changes that may result when the economy is rewired so that products, components and materials circulate effectively powered by more renewable resources.