Observatory tracks post-fossils fuels age
It has been announced the EU’s new Bioeconomy Observatory will monitor the conversion of waste-to-fuel as one of its first research tasks.
According to the Joint Research Centre March/April 2013 newsletter, the observatory will ‘monitor progress of the sustainable conversion of biological material and waste – from agriculture, forestry and livestock farming – into raw material and industrial products, including energy’.
The observatory, launched in February by European Commissioner for Research, Innovation and Science Máire Geoghegan-Quinn, will measure the size, impact and the development of the bioeconomy and will provide data results through an internet portal in 2014.
The centre started collecting data in March this year. The bioeconomy is estimated to be worth €2 trillion to the EU, supporting 22 million jobs.