New EU Wood Energy Rules Threaten Climate, Forests

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http://www.climatecentral.org/news/new-eu-wood-energy-rules-threaten-climate-forests-20988
As American foresters ramp up logging to meet the growing demand for wood pellets by power plants on the other side of the Atlantic Ocean, a new European wood energy proposal would allow the power plants to continue claiming their operations are green for at least 13 more years, despite releasing more heat-trapping pollution than coal.

Most of the wood fueling converted coal plants in England, Denmark and other European countries is coming from North American forests. Each month, about 1 million tons of tree trunks and branches from southern U.S. pine plantations and natural forests is being turned into pellets and shipped to European power plants, mostly to Drax power station in the U.K.

The growing transatlantic trade is being financed with billions of dollars in European climate subsidies because of a regulatory loophole that allows wood energy to count as if it’s as clean as solar or wind energy, when in reality it’s often worse for the climate than burning coal. Only the pollution released when wood pellets are produced and transported is counted on climate ledgers. Actual pollution from the smokestack — by far the greatest source of carbon pollution from wood energy — is overlooked.

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