In addition to the myriad benefits a circular economy brings to the environment it also helps to stimulate new jobs in the Circular Economy, especially when underpinned by a best in breed Container Return Scheme (CRS).
A modern CRS is a vital piece of industry policy. By reducing contamination and cutting waste, a convenient and effective CRS guarantees much higher volumes of high-quality material for re-use and re-processing.
As the CDS revenue filters into the economy there is incentive for industry to invest in new plant, for example where plastic containers are currently sent overseas for re-processing there is now an economic argument for building that capability in New Zealand.
Advanced economies around the globe are putting a new focus on the benefits of the circular economy for sustainable jobs growth and if New Zealand moves to implement a CRS incorporating best-practice technology there is tremendous potential for downstream benefits, both through reprocessing the high-quality commodities for use in the local economy and upgrading it and exporting it for use elsewhere.
CRS provides the twin prerequisites for investment in reprocessing: high-quality pure material
streams and secure, high volumes of supply. As a result, in markets across the world – Germany, Sweden, Norway and most recently in NSW – the introduction of CRS has led directly to new investment in downstream RPET reprocessing plants. In Australia new glass beneficiation facilities are also coming on-line and the % of recycled cullet used in new glass bottles is set to rise.
In the same way, a modern, best-practice CRS will create new circular economy opportunities and industries, and a diverse range of skilled jobs in communities across New Zealand.