With a new securitization infrastructure, DeMarco is proposing a building block for an ultimate revamp of U.S. housing finance, an industry crippled by misaligned incentives, shoddy lending and the reckless money grab that helped feed the bubble leading to the 2008 crisis.
"In addition to an approximately 60 percent decline in fish production, there has been degradation of pasturelands, leading to a shortage of animal feed estimated at 45 percent in certain places in 2006, reduction in livestock and biodiversity, " the agency said.
However, while current leading bioplastics, such as PLA, primarily use feed grains as a plant resource, the possibility of future food shortages has emphasized the importance of using non-edible plant resources to produce bioplastics.