Benefits of Recycling
Recycling comes in many forms for economic and environmental benefits. It preserves natural resources by reducing greenhouse gas emissions and conserving landfill space. It also contributes to cost savings for highly demanded products, especially those requiring non-renewable raw materials, by reusing valuable materials.
Benefits Comparison |
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Aspect | Economic Benefits | Environment Benefits |
Recycling Processes | Cost savings on raw materials | Reduced GHG emissions; conservation of landfill space |
EV Battery Recycling | Resource reuse reduces manufacturing costs | 2.76-4.55 kg CO2e/kg battery reduction |
Wind Turbine Recycling | Recovered materials save costs | Supports renewable energy development; reduces waste |
Rosenberg discovered that both hydrometallurgical and direct recycling of EV battery systems offer significant ecological benefits, resulting in 2.76-4.55 kg CO2e/kg battery less greenhouse gas emissions for NMC111 and NMC811 cathode materials. Moreover, this process creates job opportunities in the waste management and recycling sectors due to the high demand for electric vehicles in modern society.
The benefits of next generation recycling technology