White House Promotes a Bioeconomy
The Obama administration announced a broad plan to foster development of the nationâ€™s â€œbioeconomy,â€ including the use of renewable resources and biological manufacturing methods. The National Bioeconomy Blueprint, as the plan is called, discusses a variety of measures and strategies to spur research and development of medical treatments, crops, biofuels and biological manufacturing processes that would replace harsher industrial methods.
Use of biology â€œcan allow Americans to live longer, healthier lives, reduce our dependence on oil, address key environmental challenges, transform manufacturing processes, and increase the productivity and scope of the agricultural sector while growing new jobs and industries,â€ the report says. Some biotechnology industry executives and scientists welcomed the plan as a sign of the governmentâ€™s commitment, saying it would now be easier to push for specific new programs to foster biotechnology development.