WASHINGTON, March 2, 2016 - The USDA Chief Scientist Catherine Woteki announced the release of the Federal Activities Report on the Bioeconomy. The report was developed to inform Americans of current federal agency activities working to develop and support the “bioeconomy,” an emerging segment of the U.S. economy that relies on renewable biological resources to produce fuels, power and bio-based products.
These fuels, power and products are produced using biomass, such as agricultural residues, grasses, energy crops, forestry trimmings, algae and other sources, instead of fossil fuels.
Benefits of the bioeconomy include:
- Reduced greenhouse gas emissions from the transportation sector.
- Diversified U.S. energy options, less dependency on energy imports (reliance on foreign oil, energy security).
- The use of animal waste for biogas, fuel, heat and biopower production as a management technique can generate additional revenues for farmers.
- The use of municipal solid waste for renewable energy production can alleviate pressures building on wastewater treatment plants and landfills due to high volume.
- Bio-based products support the growth of plants, trees and vegetation, which recycle carbon (CO2) from the atmosphere, resulting in air quality improvements when compared to fossil fuel-based products.
- Job creation, particularly in rural areas.
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