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A circular economy is one that exchanges the typical cycle of ‘make, use, dispose’ in favour of maximising re-use and recycling. The longer materials and resources are in use, the more value is extracted from them. The circular economy concept is best, and most often, applied in relation to resource consumption and regeneration.
For the agricultural industry a circular economy presents possibilities for significant efficiencies and input cost reductions through energy generation and smart grid distribution, innovative off-grid energy solutions, recycled water use, and opportunities for renewables and waste solutions. |