As of today, humanity is taking up more arable and pasture land, fishing grounds and forests for the rest of the year than would be available to us mathematically. And we are emitting far more CO2 than the world's forests and oceans can absorb. The Earth Overshoot Day illustrates that the entire world population would need 1.75 Earths to sustainably meet the average global demand for natural resources.
Wacker and TUM establish Institute for Industrial Biotechnology
Developing industrial biotechnology research in Germany to a top international level - that is the declared goal of the Wacker Chemical Group and the Technical University of Munich (TUM). To achieve this, the two partners have now founded the TUM WACKER Institute for Industrial Biotechnology. The institute is scheduled to commence operations as early as the coming winter semester. Wacker is funding the research there with €6 million spread over six years.