As biomass burning surges in Japan and South Korea, where will Asia get its wood?

International

In 2021, Japan and South Korea imported a combined 6 million metric tons of wood pellets for what proponents claim is carbon-neutral energy. Large subsidies for biomass have led Japan to import massive amounts of wood pellets from Vietnam and Canada; two pellet giants, Drax and Enviva, are now eyeing Japan for growth, even as…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

A tech rebound may be needed for a full market recovery. These are the stocks that could lead
New Critical Materials Taskforce to address building materials shortages
Asian Stock Market: Struggles to cheer softer Treasury yields as Covid lockdowns loom
Widman’s Market Update, November 23, 2022
Stock futures are little changed on Monday evening