Counting the carbon costs of EU's wood The woody core of EU climate strategy, biomass, has won its place because the bloc deems it carbon neutral, an assumption that hides fatal flaws in its credentials, critics say. Increasingly, the EU relies on biomass - covering anything from olive stones to old blackcurrant bushes - to generate heat and power. For the purposes of the EU Emissions Trading Scheme, biomass used as fuel is counted as carbon neutral. The underlying assumption is its emissions are offset by the planting of a new tree. Felled wood, until burnt, is a carbon store. The reality is much more complicated, say environmentalists, who are concerned creative accounting is belying the true state of the world's forests, while EU climate goals slip from grasp. Reuters |
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