The biobased economy is playing an increasingly important role in the American economy.
Through innovations in renewable energies and the emergence of a new generation of biobased products, the sectors that drive the biobased economy are providing job creation and economic growth. To further understand and analyze trends in the biobased economy, this report compares 2011 and 2016 report data.
Social and economic indicators can be used to support design of sustainable energy systems. Indicators representing categories of social well-being, energy security, external trade, profitability, resource conservation, and social acceptability have not yet been measured in published sustainability assessments for commercial algal biofuel facilities.
Developing scientific criteria and indicators should play a critical role in charting a sustainable path for the rapidly developing biofuel industry. The challenge ahead in developing such criteria and indicators is to address the limitations on data and modeling.
EXECUTIVE SUMMARY: Life cycle assessment (LCA) is a powerful tool that may be used to quantify the environmental impacts of products and services. It includes all processes, from cradle-to-grave, along the supply chain of the product. When analysing energy systems, greenhouse gas (GHG) emissions (primarily CO2, CH4 and N2O) are the impact of primary concern. In using LCA to determine the climate change mitigation benefits of bioenergy, the life cycle emissions of the bioenergy system are compared with the emissions for a reference energy system.
The IPCC SRREN report addresses information needs of policymakers, the private sector and civil society on the potential of renewable energy sources for the mitigation of climate change, providing a comprehensive assessment of renewable energy technologies and related policy and financial instruments. The IPCC report was a multinational collaboration and synthesis of peer reviewed information: Reviewed, analyzed, coordinated, and integrated current high quality information.
There is a strong societal need to evaluate and understand the sustainability of biofuels, especially because of the significant increases in production mandated by many countries, including the United States. Sustainability will be a strong factor in the regulatory environment and investments in biofuels. Biomass feedstock production is an important contributor to environmental, social, and economic impacts from biofuels.
The United States shares with many other countries the goal of the United Nations Framework Convention on Climate Change “to achieve . . . stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.”1 The critical role of new technologies in achieving this goal is underscored by the fact that most anthropogenic greenhouse gases (GHGs) emitted over the next century will come from equipment and infrastructure that has not yet been built.