World Bio Markets Conference, 2014

Mar 5, 2014

As a proud sponsor of World Bio Markets Conference, Nexant delegates shared some key takeaways and observed industry trends from the 2014 event.

TUESDAY:

A return match for last year’s animated discussion on Indirect Land Use Change (ILUC) and biofuels policy.  Speakers Dr Chris Malins of the International Council on Clean Transportation (ICCT) and Vadim Zubarev of Ethanol Europe found some common ground on the point that the unpredictability of recent EU biofuels policy has acted as a block on continued investment in the region, and that the EU’s proposed cap on first generation biofuels is “a blunt instrument”.

 

WEDNESDAY:

Keynote speaker Dr Rajendra Pachauri of the Intergovernmental Panel on Climate Change (IPCC) opened day two with a talk on long-term forecasts for the bio-based industry.  Dr Pachauri underlined the firming of the IPCC’s view on the probability of human activity as the cause of climate change, and outlined its current scenarios on temperature and sea level rises over the coming decades.  He was positive on the potential role for the bio-based industries in contributing to wider mitigation efforts, provided all possible negative externalities are taken into account.  In response to a question on the capacity of growth in emerging markets to nullify GHG emission reductions in developed economies, Dr Pachauri stated that climate change mitigation should be a “common but differentiated” effort.