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Investegate announcements from Drax Group Plc, Annual Financial Report

Mongabay seeks to raise interest in and appreciation of wild lands and wildlife, while examining the impact of emerging trends in climate, technology, economics,and finance on conservation and development.

A Mongabay story featuring a whistleblower who debunked the green claims of Enviva — the world’s largest wood pellet maker — has prompted the Dutch to ban subsidies to biomass firms who make false sustainability claims.

Woody biomass, or burning trees to produce renewable energy, is spreading beyond the shores of Europe, where it’s wildly popular and outpacing solar and wind. It’s headed for Japan and South Korea, where subsidies for woody biomass displace funding for solar and wind. Umm, what’s wrong with this picture? In order to know specifically what’s

A wall of logs that will become wood pellets sits at a mill in Houston, B.C. (Stand.earth) The wood-pellet industry has full-scale operations smack dab in the heart of British Columbia’s Inland Temperate Rainforest, the last rainforest of its kind in the North. The fabled rainforest contains cedars of up to 12-15 feet in diameter