Australia’s green bank has revealed the opportunities that await for the nation’s recycling industry

A new report into the recycling industry in Australia has detailed that the opportunities that await the country in the recycled-manufacturing sector are massive and worth billions of dollars.

A report by the government-backed Clean Energy Finance Corporation states Australia holds an investment opportunity of around $6 billion Aussie dollars.

The possible investment will be to boost the country’s capacity in waste recycling and biomass energy over the next five years which could reduce emissions from landfills by as much as 60%.

Years ago, China started getting tough on the recycling materials that Australia and other parts of the world were sending – claiming much of it was contaminated – making it dirty trash.

Why Australia must rely on itself to recycle

Right Now, leading experts say the recycling industry in Australia needs an overhaul, with tonnes of material being treated as waste and sent to landfill – all due to the fact that the nation doesn’t have the capacity to manufacture or turn our trash into something new.

Adding to that, that we can no longer send to china – it’s a dirty crisis.

Meanwhile, the report also found that the sector, which has been slow to gain traction in Australia could also contribute significantly to economic growth…adding thousands of jobs in struggling regional areas.