|Title||Levelling the playing field for EU biomass usage|
|Author(s)||Philippidis, George; Bartelings, Heleen; Helming, John; M’barek, Robert; Smeets, Edward; Meijl, Hans van|
|Source||Economic Systems Research 31 (2019)2. - ISSN 0953-5314 - p. 158 - 177.|
|Publication type||Refereed Article in a scientific journal|
|Keyword(s)||Bioeconomy - CGE - foresight study - MAGNET|
The threats of climate change, food security, resource depletion and energy security are driving society towards a sustainable low-carbon future. Within this paradigm, biomass plays an invaluable role in meeting the food, feed, energy and material needs of future generations. Current EU thinking advocates biomass for high-value materials, which is not aligned with EU public policy support for ‘lower value’ bioenergy applications. ‘High-technology’ and ‘no bioenergy mandate’ pathways explore market conditions that generate a more equitable distribution between competing biomass conversion technologies and competing biomass and fossil technologies. In achieving greater equity, these pathways ease biomass market tensions; enhance EU food security; improve EU biobased trade balances; accelerate biomaterial sectors’ output performance and favour macroeconomic growth. Moreover, an additional 80% increase in the oil price signals a tipping point in favour of first generation biofuels, whilst simultaneously boosting output in advanced material conversion technologies even more than the high-technology pathway.