In the wake of President Obama’s announcement last week of the new National Bioeconomy Blueprint, BIO’s World Congress on Industrial Biotechnology and Bioprocessing held a timely plenary session Monday focused on “Fostering a Biobased Economy”. Moderated by BIO President and CEO Jim Greenwood, panelists included Doug O’Brien, U.S. Department of Agriculture (USDA); Valerie Sarisky-Reed, U.S. Department of Energy (DOE); Andrew Hagan, World Economic Forum; Philip New, BP Biofuels; and Roger Wyse, Burrill & Company.
Greenwood compared the bioeconomy to a whole pie made up economic activity fueled by biological sciences and called the biobased economy a large and growing wedge of that pie. Through this Blueprint, he said, the U.S. government is recognizing the potential of the bioeconomy to unleash the promise of biotechnology.
Tags: biobased economy, bioeconomy blueprint, biofuels, World Congres
Source: BIOtechNOW, 2012-05-01.