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His comments follow the publication of a report 'Wasting London’s Future' by The London Assembly Environment Committee, which examines the city’s circular economy potential, its household recycling record and the potential offered by energy from waste. The report concludes that opportunities to reduce waste by recovering and reusing valuable materials are being missed. 'London's recycling rate is rubbish - household recycling rates are below the national average and have barely increased over the past five years,' it states.