GTAP Resources: Resource Display
| GTAP Resource #6389 |
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"From incineration to recycling – An economic and environmental assessment of circular economy of plastics in Finland" by Savolainen, Hannu and Juha Honkatukia Abstract In circular economy, the value of products, materials and resources is maintained as long as possible. This is done by minimizing the waste generation by using production side flows as resources and reusing and recycling products. The recycling and other waste management actions are in the heart of CE. In this paper we perform a scenario assessment of increased plastic waste recycling in Finland by using environmentally-extended CGE model. Impacts on aggregate economic outcome, growth contributions and value chains are in the focus. We also shed light on the need for policy instruments to enable such a change in plastic waste treatment from incineration to recycling and secondary material manufacturing. Economic indicators are combined with environmental indicators including material use and greenhouse gas emissions. In all three scenarios the costs of increased recycling exceeded the increased production in waste management sector. Overall effect on GDP was negative in every scenario, but least in the case where domestic plastics were subsidized over imported plastics. In this scenario material flow impacts were also favorable, since imported materials were substituted with recycled materials. We could not find a win-win situation where both economic impacts and environmental consequences were simultaneously positive. |
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- Dynamic modeling - Climate change policy - Climate impacts - Trade and the environment - Economic growth - Domestic policy analysis - Europe (Northern) |
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Public Access  Paper (383.6 KB) Replicated: 0 time(s) Presentation (968.0 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
