| Title | Exploring economy-wide sustainable conditions for EU bio-chemical activities |
|---|---|
| ID_Doc | 9469 |
| Authors | Philippidis, G; M'Barek, R; Urban-Boysen, K; Van Zeist, WJ |
| Title | Exploring economy-wide sustainable conditions for EU bio-chemical activities |
| Year | 2023 |
| Published | |
| Abstract | The EU's Green Deal sets out a vision for a clean, competitive, climate neutral circular economy. As a partsolution for decarbonising its industrial base and improving its strategic autonomy, the role of bio-based substitutes is envisaged. Focusing on EU chemicals, the MAGNET simulation model is employed to quantify the impacts from EU bio-based chemical, pharmaceutical and plastic output increases over a thirty-year time horizon to 2050. To support this transformation, a fiscally-neutral tax funded investment scheme is modelled. Results show EU bioeconomy (rural) employment and growth improvements, although bio-feedstock market tensions impact negatively on EU food security, whilst 'leakage' effects cause net global increases in greenhouse gases and land use. Further experiments explore (i) sustainable tax schemes on food-based feedstock to mitigate said tensions and (ii) green-investment driven input-saving productivity gains in EU bio-based chemicals. Employing metrics for the five bioeconomy strategy objectives, the former generates environmental, food and (bio-)energy security improvements, relieves land market tensions, but falls short of a win-win/win-neutral outcome. Similarly, for four EU bioeconomy objectives, the latter produces outcomes that are largely on a par, or even better than the baseline. Finally, a stylised combination of both is found to generate the most optimal outcomes. |
| https://doi.org/10.1016/j.ecolecon.2023.107857 |
Similar Articles
| ID | Score | Article |
|---|---|---|
64386
|
Philippidis, G; M'barek, R; van Zeist, WJ Bioeconomy Transition Pathways - Potential Impacts for the EU Bio-based Chemicals Sector(2023)Eurochoices, 22, 3 | |
| 26283
|
Kardung, M; Cingiz, K; Costenoble, O; Delahaye, R; Heijman, W; Lovric, M; van Leeuwen, M; M'Barek, R; van Meijl, H; Piotrowski, S; Ronzon, T; Sauer, J; Verhoog, D; Verkerk, PJ; Vrachioli, M; Wesseler, JHH; Zhu, BX Development of the Circular Bioeconomy: Drivers and Indicators(2021)Sustainability, 13, 1 | |
| 17049
|
Liobikiene, G; Miceikiene, A Contribution of the European Bioeconomy Strategy to the Green Deal Policy: Challenges and Opportunities in Implementing These Policies(2023)Sustainability, 15, 9 | |
| 64637
|
Ronzon, T; Iost, S; Philippidis, G Has the European Union entered a bioeconomy transition? Combining an output-based approach with a shift-share analysis(2022)Environment Development And Sustainability, 24, 6 | |
| 69057
|
Choi, HS; Grethe, H; Entenmann, SK; Wiesmeth, M; Blesl, M; Wagner, M Potential trade-offs of employing perennial biomass crops for the bioeconomy in the EU by 2050: Impacts on agricultural markets in the EU and the world(2019)Global Change Biology Bioenergy, 11, 3 | |
| 64385
|
M'barek, R; Wesseler, J Le développement rapide des politiques de la bioéconomie dans l'Union européenne et d'autres régions du monde(2023)Eurochoices, 22, 3 | |
| 63072
|
Guyomard, H; Soler, LG; Détang-Dessendre, C; Réquillart, V The European Green Deal improves the sustainability of food systems but has uneven economic impacts on consumers and farmers(2023)Communications Earth & Environment, 4, 1 | |
| 3646
|
Paleari, S The EU policy on climate change, biodiversity and circular economy: Moving towards a Nexus approach(2024) | |
| 8869
|
Kulisic, B; Horvatincic, K; Oplanic, M; Pohajda, I; Radic, T; Simek, Z; Tisma, S; Vukovarac, L Positioning The Croatian Linear Bioeconomy Towards Sustainable And Circular Bioeconomy(2021) | |
| 62831
|
Dolge, K; Bohvalovs, G; Kirsanovs, V; Blumberga, A; Blumberga, D Bioeconomy in the Shade of Green Deal: The System Dynamic Approach(2022)Environmental And Climate Technologies, 26, 1 |