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Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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BIO Publishes Fact Sheet on the U.S. Biobased Economy: Economic Impact

Submitted by on March 8, 2018 – 1:48 pmNo Comment

(Biotechnology Innovation Organization)  The biobased economy is approaching a tipping point in its growth and maturation. A number of biotech companies have successfully commercialized technologies for renewable chemicals, built biorefineries and created supply chains – and now turned their attention to commercializing the next big product.

BIO calculates the direct value of the U.S. biobased economy at $205 billion, generating 1.665 million jobs. Globally, BIO estimates that the economic value of industrial biotechnology, biofuels, renewable chemicals and polymers, enzymes and biobased materials is $355.28 billion.

Industrial biotechnology will continue to drive growth in the biobased economy. It’s difficult to predict where innovation will take us, but the economic impact is becoming evident; the biobased economy is a measurable percentage of overall U.S. productivity.   READ MORE

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