Will the shift from fossil fuels to wood products help us meet climate goals?
According to last report By the Food and Agriculture Organization of the United Nations, replacing fossil fuels with renewable wood fuels will be an important step in the effort to meet global climate goals.
The report is based on Forests and Climate Change Working Paper 6, which was published by the FAO last year and concluded that renewable biomass energy was the best way to “decarbonize the world economy before massive investments [would] lock .. [the world] in an upward trend in emissions.
State of the timber industry
This latest report seeks to explore the role of wood-based products in providing green alternatives that will help the world achieve a Net Zero future. It begins with an overview of the economics of conventional wood products around the world, including the use of wood as a sustainable building material and as an inexpensive heat source.
What is Woodtech?
The report then moves mentions the latest innovations in wood product technology. While the term woodtech may still sound creaky, it doesn’t look like it will for long.
From new generation bark briquettes that can burn more than 12 hours to a futurist wood-based glass substitute which is both lighter and stronger than conventional glass, wood technology companies are constantly finding ways to create wood-based products with novel properties.
Towards a bioeconomy
According to the report, in order to effectively control climate change, the world must transition to a bioeconomy. And one of the most important aspects of such a transition is finding renewable substitutes for fossil fuel products in the production of textile fabrics, product packaging, energy, feed and food. .
A world based on a bioeconomy will not depend too much on non-renewable natural resources for its growth, which will make achieving the Net Zero goals much less painful for everyone.
What are we doing now?
The report pointed out that the European Union, the United States, China, New Zealand and Turkey have already put in place strategies and action plans for the bioeconomy. Actions taken by these governments include reducing regulatory barriers and accelerating the development of renewable alternatives to traditional products through subsidies and tax breaks.
The EU plan pays particular attention to helping biotech companies develop solutions to improve the productivity and efficiency of biomass-based products.
The bioeconomy here and now
Sales of engineered wood products have skyrocketed over the past two years. And alternatives to wood-based textile fabrics, such as Lyocell, could become a popular alternative to polyester and viscose as early as the 2030s.
Although these wood-based alternatives are currently more expensive to manufacture than their plastic counterparts, the general public is more environmentally conscious than ever. Which means that more and more people are willing to pay a little more for their consumer goods in exchange for a better future.
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