THEGREENING OF ‘GREEN’ TECHNOLOGY: ADOPTION OF BIO-PLASTIC PLA

Subramanian Arjunan, Christopher Moir, Kerry Kirwan and David Pink

No 187976, 14th ICABR Conference, June 16-18, 2010, Ravello, Italy from International Consortium on Applied Bioeconomy Research (ICABR)

Abstract: Growing concerns over the impact of rising commodity prices on the global food system has led to a vigorous public debate over the use of plant materials as fuel alternatives. Despite this controversy, several bio-based technologies are being promoted as sustainable materials. This paper examines one such technology - Bio-plastics Polylactic Acid - that is being adopted at a rate that is higher than convention plastics, although energy efficient this technology is still not cost effective. High adoption is most likely driven by disincentives created by end-use packaging legislations and also shortterm concerns for the environment. Two important log-term concerns that are highlighted are divergence between technical and economic superiority and market failure. Thus the main drivers of adoption in the long-run are expected to be declining production cost, environmental legislation concerning waste disposal and composting, and consumer attitudes towards environmental impact.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 34
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:itic10:187976

DOI: 10.22004/ag.econ.187976

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