Renewable Matter # 1 / Next Europe

Used Oil: 30 Years of Green Economy

by Roberto Coizet

It generated an economic value of about 3 billion euros. It prevented the emission of 1.1 million tons of greenhouse gases. It created thousands of jobs. It managed to reuse half of what can be collected. It contributed to the fact that 5 million tons of potentially highly polluting waste were not dispersed in the environment with a devastating impact.

 

According to COOU (the Italian Compulsory Consortium of Used Oils), the evaluation of its 30 years of activity is a chance to think over the potential offered by a recycling model of a substance which is fundamental to the industrial system. This model could be replicated in other sectors with a very positive impact both at economic and environmental level.

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