Tuesday, May 29, 2012

Britain Bets on Biomass

Britain is cutting coal use to reduce carbon dioxide emissions and making huge investments in woody biomass, burning industrial-grade wood pellets and wood chips in electricity-generating power stations--or co-firing biomass with coal. Read more.

Foreign Confidential™ analysts add that sustainability is a key concern for UK utilities, which means demand for woody biomass from North America--Canada and the U.S. Northeast--is certain to grow by leaps and bounds in the coming years. Africa, South America, and Russia have vast biomass resources; but illegal logging, human rights abuses and corruption are commonplace in these regions.