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Moving Towards a Next-Generation Ethanol Economy

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Using two scenarios, Bloomberg New Energy Finance explores how establishing a next-generation ethanol value chain in the next two decades could contribute to building a bio-based economy in the EU-27 and seven select countries: Argentina, Australia, Brazil, China, India, Mexico, and the United States. Bloomberg projects that the growth of second-generation biofuels could have numerous positive effects, including the use of sustainable feedstock, job creation, and reduction of fossil fuel imports. Furthermore, the authors identify several key policy factors that could diminish the current risks and barriers to increasing ethanol adoption.