Too much focus on biofuels could drive US renewable chemicals industry abroad
In the US, as biofuels continue to be the focus of US policy, America may be missing out on opportunities in the green chemicals industry. As major corporations like Coca-Cola and Wal-Mart demand cleaner chemicals to promote being green, they may turn to opportunities overseas if the climate in the US remains hostile toward the chemical industry, according to an article published in Environment & Energy Publishing.
According to Amanda Peterka, “But U.S. policy that has for many years emphasized biofuels and biopower production has yet to catch up with the shift on chemicals that is taking place in the private sector, experts and advocates say. Though the new farm bill includes an incentive for renewable chemicals, other nations appear to be lapping the United States in attracting and nurturing renewable chemical production.”
Category: Fuels
