InvestorsHub Logo
Followers 4
Posts 650
Boards Moderated 0
Alias Born 06/13/2011

Re: None

Friday, 05/11/2012 9:36:56 PM

Friday, May 11, 2012 9:36:56 PM

Post# of 11962
Interesting article just released:
http://www.environmental-finance.com/news/view/2484

A couple of points I took from the article:
- Ensuring the sustainability of biomass fuel is “the biggest unquantified risk” facing Drax, operator of the UK’s largest coal power plant, according to its head of environment.
- Power producers are walking away from biomass produced in developing countries (one was a $194 million investment).
- Producers are choosing secure North American biomass producers.
- Vattenfall has a target to replace 50% of the hard coal used in its power plants with biomass by 2020 and has other pilot projects going on in Europe and Canada.

Phillip