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?
- ABoth Statement II and Statement III are correct and both of them explain Statement ICorrect
- BBoth Statement II and Statement III are correct but only one of them explains Statement I
- COnly one of the Statements II and III is correct and that explains Statement I
- DNeither Statement II nor Statement III is correct
Explanation
Statement I: Circular economy does indeed reduce greenhouse gas emissions by changing production and consumption patterns.
Statement II: Correct and explains Statement I. Circular economy reduces the use of virgin raw materials by promoting reuse, recycling, and regeneration of materials, which reduces the energy-intensive extraction and processing of new materials, thereby reducing emissions.
Statement III: Correct and explains Statement I. Circular economy minimizes waste in production processes through better design, efficiency improvements, and waste-to-resource conversion, reducing the emissions associated with waste disposal and the need for new material production.
Both reduced raw material use and waste reduction contribute to lower greenhouse gas emissions by decreasing energy consumption and environmental impact throughout the value chain.

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