From green homes to electric cars, the Italian government is at the vanguard of slowing, smoothing, and delaying the European Union's directives on environmental change. Indeed, according to a Confindustria report, the cost of decarbonizing our economy will be nearly $15 billion. However, the same report claims that reducing imports of fossil fuels and lowering the cost of CO2 emissions will save $6.55 billion per year, and that the green conversion will generate an additional 53 billion in revenue for the state. The employment balance is likely to be good as well. It is a mandatory course of action for many organizations, as 46% of multinationals require their suppliers to adhere to particular sustainability standards. The complete text of the study was presented in Rimini as part of Ecomondo, Europe's biggest circular economy exhibition. The demand for Italian-made environmental technologies and solutions has never been greater; in Rimini, 1500 enterprises await hundreds of buyers from all over the world. Italy, on the other hand, is a European leader in several measures of the circular economy, outperforming Germany, France, and Spain in terms of both total trash recycling and raw material productivity. It is second only to France in terms of recycled material consumption, but far above the European average. Italian researchers are at the forefront of the development of new solar thermodynamics and photovoltaic technology.
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