Bio-economy. The climate change mitigation call for a phase out of fossil fuels and substitute fossil energy, chemicals and materials with renewable resources. Fossil energy can be substituted by a mix of energy sources like wind energy, solar power, hydropower and wave energy. Biomass can contribute with chemicals, materials and new products like proteins and co-products.
Biomass is produced in agriculture (green economy) or in the oceans (blue ocean economy). The philosophy of bio-economy comprehends biomass as a base for production of valuable fractions as food, feed, fibres, co-products and materials – thus leaving energy as a low value product - often in largest quantities. The development of the bio-economy includes the following:
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