Australia generates 2.4 million tonnes of plastic every year. It comes in all shapes and polymers. Car parts, sofas, drink containers, medical equipment, pallet wrap and single use packaging. You name a product in the economy and sure enough it will have plastic in it or in its supply chain.
Our current economic model is pretty much a linear one: take (extract) - make (stuff) - waste (landfill). It treats resources as infinite and assumes the environment can absorb the waste. It is therefore unsustainable in the long run.
The NSW Government has created a $10 million fund to reduce landfilling of solar panels and battery systems. Phase 1 of the Circular Solar grants program (trial phase) awarded $1.1 million in funding for eligible trial projects.
The waste industry has what the carbon sector doesn't – a target widely viewed as ambitious, as well as a substantial price to spur waste abatement – and that has prompted a huge increase in investor interest, says MRA Consulting Group.