OECD Science, Technology and Industry Policy Papers
- ISSN: 23074957 (online)
- https://doi.org/10.1787/23074957
Biobased Chemicals and Bioplastics
Finding the Right Policy Balance
The highest policy priorities at present are on several levels: allowing bio-based materials to compete for biomass on price with bioelectricity and biofuels; rectifying the highly distorting fossil fuel subsidies, heading off future competition for crude oil demand; and correcting for any excessive regulatory impacts. If governments wish to realise a successful bioeconomy in the future, the case for support for bio-based chemicals and plastics warrants serious attention.
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