Page 140 - Biorefinery 2030 Future Prospects for the Bioeconomy (2015)

108 5 General Conclusion

In the case of Europe there is an additional dimension resulting from the
difficulty arising for industries that wish to become involved within the existing,
purely national structure: some countries have a road plan for industrial
bioeconomy whilst others do not. Some countries use different incentives, or
degrees of incentive, for example in the fiscal treatment of biofuels or electricity
produced from photovoltaic cells or wind turbines. Public policy can be short-
termist (rate of incorporation of bioethanol). Hardly a single European country
encourages the production of bio-sourced molecules as a substitute for fossil-based
chemical molecules.
European dimension public private partnerships appear to be a good way to deal
with these issues at the correct scale, given the scope of investment and the
associated risk for investors. However, the two other roles, as a catalyst and the
guarantor of equal treatment for existing and new sectors could be fulfilled better.
Could they be an opportunity to revive growth?
Reims, September 2014.

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