Carbon neutrality is a requisite for industrial development in modern times. In this paper, we review information on possible applications of polymers from the energy crop Miscanthus in the global industries, and we highlight the life cycle aspects of Miscanthus in detail. We discuss the benefits of Miscanthus cultivation on unoccupied marginal lands as well as the rationale for the capabilities of Miscanthus regarding both soil carbon storage and soil remediation. We also discuss key trends in the processing of Miscanthus biopolymers for applications such as a fuel resources, as part of composite materials, and as feedstock for fractionation in order to extract cellulose, lignin, and other valuable chemicals (hydroxymethylfurfural, furfural, phenols) for the subsequent chemical synthesis of a variety of products. The potentialities of the biotechnological transformation of the Miscanthus biomass into carbohydrate nutrient media and then into the final products of microbiological synthesis are also examined herein.