USDA Report Illustrates the Strength of the Bioeconomy
“America has an appetite for everyday products—including plastic bottles, textiles, cleaning supplies, and more—made from renewable sources, and that demand is fueling millions of jobs, bringing manufacturing back to our rural communities, and reducing our nation’s carbon footprint.”
That’s Agriculture Secretary Tom Vilsack’s take on the important impacts of the bioeconomy. On October 3, the United States Department of Agriculture (USDA) released a report quantifying the impact that biobased products have had on the nation’s economy. The report, called the “Economic Impact Analysis of the U.S. Biobased Products Industry,” focuses on 2014 data and updates last year’s 2013 report, which was the first of its kind. The main takeaways? In 2014, the industry was responsible for contributing $393 billion to the economy and providing 4.2 million jobs.
The U.S. EPA’s Scientific Advisory Board staff office has announced plans to hold a public teleconference of the SAB biogenic carbon emissions panel on Oct. 12 as part of its continuing review of the framework for biogenic CO2 emissions from stationary sources first released in November 2014 and updated this February.
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