Cocoa butter, the main ingredient in chocolate, is produced by 30 tropical countries, and is sold for an estimated $6 billion annually. One synthetic biology company has engineered synthetically modified microbes to produce a cocoa butter substitute, which could threaten the livelihoods of millions of farmers.
An efficient, transparent pathway for technological advancement would save national governments time and money while reducing risk. Those proposing new technologies and their backers seek to minimize risk. Especially, re-insurers and investors welcome steps that make government intervention and/or public responses predictable.