About Research Events Centers Newsroom Currency of Ideas
 
Milken Institute | Research | Publications | Financial Innovations Lab Reports: Turning Plants Into Products:<br>Delivering on the Potential of Industrial Biotechnology
 Turning Plants Into Products:<br>Delivering on the Potential of Industrial Biotechnology
Turning Plants Into Products:
Delivering on the Potential of Industrial Biotechnology

Industrial biotechnology can turn plants into plastics, chemicals and other products that are usually made with petroleum. Although industrial biotech is environmentally friendly and could play a significant role in helping to wean the U.S. off foreign oil, the industry faces an uphill battle because of petroleum's price advantage.

This report examines the challenges facing the industrial biotechnology sector and identifies market- and policy-based responses. The report captures the results of the Institute's Financial Innovations LabTM in which stakeholders and experts in the field discussed how the United States could facilitate the flow of private capital into the production of bio-based products.

"There is much appeal for policymakers to invest in expanding the biotech-derived chemical industry. In the long term, it has environmental advantages and offers an alternative to foreign oil," said Joel Kurtzman, executive director of the Milken Institute's Center for Accelerating Energy Solutions. "In the short term, it offers the immediate benefit of rural employment opportunity."

Instead of petroleum, industrial biotechnology uses biological resources such as plants, algae, marine life, fungi and micro-organisms, and biosolids to produce a broad range of products from plastics and chemicals to face creams and detergents.

"Turning Plants Into Products" outlines practical, sustainable approaches for creating an economic environment where industrial biotech companies can become established and thrive.

 
Search All Publications
Paper or pixels?
2 ways to subscribe to
the Milken Institute Review
Download the app for
iPhone, iPad and Kindle

Buy new digital editions of our quarterly economics journal for $1.99, purchase back issues for 99 cents or get a year's subscription for $5.99. Access links to related video and other content.
Order a 1-year subscription
Receive hard copies for $59, a small price to pay for our edgy, accessible and expert take on the latest in economics.
About Us
  Careers
  Contact
  Download Annual Report
  FAQs
  Locations
  Our Team

Blog


Topics

Events
  Associates
  Conferences
  Global Conference
  State of the State
  Summits
  Atlanta / California / London
  Forums
  Labs
  Young Leaders

Experts
Newsroom
  Latest News
  News Videos
  Press Releases

Research
  Centers
    Asia
    California
    FasterCures
    Financial Markets
    Israel Center
    Public Health

Initiatives

Publications
  Books
  Financial Innovations Labs
  Milken Institute Review
   Amazon Apps
   App Store
  Research Reports
  Viewpoints
  Search All Publications
Support MI
  Associates
  Donate
  Sponsorships
  Strategic Partners

Follow Us
  @Twitter
  Facebook
  YouTube
  Google+
  LinkedIn
  iTunes U

Related Sites
  Partnering For Cures 2013
  Celebration of Science
  Chairman's Corner
  Melanoma Research Alliance
  FasterCures

©2014 Milken Institute