EC unveils an unprecedented 3.8 billion euros investment in biobased industries

European Commissioner Máire Geoghegan-Quinn
European Commissioner Máire Geoghegan-Quinn

The Biobased Industries Consortium (BIC), a cross sector group of 48 large and small companies, has joined forces with the European Commission to set up an unprecedented Public Private Partnership worth 3.8 billion euros to accelerate the deployment of biobased products in Europe by 2020.

The Biobased Industries PPP is part of the European Commission’s Innovation and Investment Package that was released today in Brussels. The package is intended to stimulate the European economy, create jobs and tackle major societal challenges through research, innovation and deployment. Continue reading

Exclusive interview with European Commissioner Màire Geoghegan-Quinn: “We must prepare ourselves for a post-petroleum society”

european commissioner maire geoghegan-quinn

“Europe and the rest of the world must cope with an expected 70 per cent increase in food demand, and a 100 per cent increase in energy demand, by 2050. Under these circumstances, we must prepare ourselves for a ‘post-petroleum’ society, one in which we use our natural resources more sustainably”. In this exclusive interview European Commissioner for Research, Innovation and Science, Màire Geoghegan-Quinn, talks about bioeconomy and European policies to support it. And tells us that “The Italian government is aware of the benefits of a coordinated bioeconomy strategy and expressed interest in possibly hosting the annual Bioeconomy Stakeholders Conference in Italy in 2014”.

Interview by Mario Bonaccorso

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