It’s a good time to be in the American wood pellet business. Dozens of manufacturers, increasingly concentrated in the Southeast, are now approaching production of 10 million annual short tons of wood pellets.
To a large extent, these pellets will end up as fuel for massive municipal boilers in Europe, where wood is increasingly replacing coal as a means of producing heat and electricity — a move that many governments there consider comparatively clean and climate-friendly. Exports from the U.S., largely headed to E.U. nations, doubled between 2012 and 2013, jumping from 1.6 million short tons to 3.2 million short tons, according to federal statistics, with some industry speculators guessing that those numbers — nudged by tough emissions goals that European nations must meet in the next five years — could increase 10-fold by 2020.
http://www.forbes.com/sites/tomzell...ts-are-big-business-and-for-some-a-big-worry/
Protesters gather to oppose U.S. wood pellet exports.
To a large extent, these pellets will end up as fuel for massive municipal boilers in Europe, where wood is increasingly replacing coal as a means of producing heat and electricity — a move that many governments there consider comparatively clean and climate-friendly. Exports from the U.S., largely headed to E.U. nations, doubled between 2012 and 2013, jumping from 1.6 million short tons to 3.2 million short tons, according to federal statistics, with some industry speculators guessing that those numbers — nudged by tough emissions goals that European nations must meet in the next five years — could increase 10-fold by 2020.
http://www.forbes.com/sites/tomzell...ts-are-big-business-and-for-some-a-big-worry/
Protesters gather to oppose U.S. wood pellet exports.
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