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4 ways the circular economy can help heavy industry reduce emissions

The majority of industry emissions comes from 4 material groups: Steel, cement, aluminum, chemicals.Global demand for the 4 focus materials is expected to increase – exacerbating the emission challenge.Getting to a 1.5°C pathway requires significant emissions reduction in all 4 material groups.There is still a large potential to improve circular material flows for all focus materials.Individual companies face several challenges when implementing circular economy solutions. The world must reach net-zero emissions by 2050 to avoid the worst effects of climate change. This is no easy feat, but one clear solution could lie in industry…

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Europe sees e-vehicle battery self-sufficiency by 2025

European firms will have the capacity to supply all the lithium-ion batteries needed for the continent's automakers by 2025 as they ramp up electric vehicle output to meet strict pollution limits, EU officials said Friday. The bloc is banking on its European Battery Alliance, launched in 2017, to reduce its reliance on batteries and other technologies imported from the US or Asia while pursuing its Green Deal goal of carbon neutrality by 2050. "We expect that we will be able to cover all the industrial needs of our car manufacturers when it comes to…

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3 shifts can scale the circular economy – triggering a more resilient, prosperous system

It’s time to leave behind current wasteful and polluting models to usher in growth-based business models and innovative regenerative strategies.Scaling circular economy efforts globally will mean triggering strategic shifts across sectors. Approximately $57 billion of global electronic waste is generated every year. Additionally, food loss and waste accounts for $950 billion in lost value – a number equivalent to the Netherlands' annual GDP. Given the twin crises of the pandemic and the global economic downturn, system reset is more relevant than ever. It’s time to leave behind current wasteful and polluting models to usher in better growth-based…

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