Consider the following statements: Statement I: Circular economy reduces the emissions of greenhouse gases. Statement II: Circular economy reduces the use of raw materials as inputs. Statement III: Circular economy reduces wastage in the production process. Which one of the following is correct in respect of the above statements?
Explanation
A circular economy focuses on minimizing waste, reusing resources, and improving efficiency, all of which help lower greenhouse gas emissions and conserve raw materials.
Statement I: Correct By reducing waste and energy use, the circular economy helps cut greenhouse gas emissions.
Statement II: Correct It reduces the need for raw materials through reuse, recycling, and product life extension.
Statement III: Correct It also lowers production waste using efficient and sustainable design and processes.