3 ways the circular economy is vital for the energy transition

Read the full story at GreenBiz.

The circular economy is a system that aims to get the most out of materials, keep products and materials in use and design them to be cycled back into the economy, eliminating waste. It is also a vital pillar of the energy transition…

Getting to net-zero by 2050 will mean accomplishing what seems unimaginable, like entirely phasing out the internal combustion engine or adding the equivalent of the world’s largest solar farm every single day.

To support and scale these efforts, speed will be of the essence — especially given last year’s climate report from the Intergovernmental Panel on Climate Change (IPCC) confirming that urgent action is needed to stop global temperatures from rising above 1.5 degrees C and 2 degrees C. To build out the energy infrastructure the world needs at speed and scale, circular economy will play a vital role in three main ways.

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