BETHESDA, MD and TOKYO, JP May 19, 2022 —   Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainable wood bioenergy, and MOL Drybulk Ltd. (MOLDB), a subsidiary of Mitsui O.S.K. Lines Ltd. (MOL), a leading global marine transport group, announced they have signed an additional memorandum of understanding to deploy an environmentally friendly bulk carrier (“EFBC”) to reduce the greenhouse gas (“GHG”) emissions in the ocean transportation of sustainable wood pellets and biofuels.  

From communities across Vancouver Island to the Indigenous lands of the KitsumKalum, the “power of pellets” is masterfully demonstrated, through the eyes and ears of the people on the ground, in a series of five new videos produced by the Wood Products Association of Canada with support from Forestry Innovation Investment.

Sustainable biomass pellet producer Pinnacle Renewable Energy Inc. and Drax Group’s US pellet business Drax Biomass Inc. are rebranding as Drax in a move that supports the Group’s growth strategy, climate goals and relationships with people – including our colleagues, communities, partners, customers and suppliers.

GOLDEN, B.C.—The Forest Enhancement Society of BC (FESBC) has provided $655,000 in funding to LP Building Solutions (LP) to utilize nearly 17,500 cubic metres of residual fibre to generate power in Golden B.C.—equivalent to about 430 logging truck loads.

Enviva Inc. (NYSE: EVA) (“Enviva,” “we,” “us,” or “our”) today provided a business update announcing a memorandum of understanding (“MOU”) with Enviva’s first U.S.-based customer, and detailing plans to significantly accelerate its capital expansion timeline due to recent commercial momentum with power and heat generators and with industrials in hard-to-abate sectors.

BETHESDA, Md., January 3, 2022 — Today marks Enviva Inc.’s first full trading day as a corporation on the New York Stock Exchange (NYSE: EVA) following its successful conversion (the “Conversion”) from Enviva Partners, LP, a master limited partnership, to Enviva Inc. (“Enviva”), a Delaware corporation, on December 31, 2021.

Plans to create hydrogen by burning wood have swollen in New South Wales’ Hunter Valley, after sawmill offshoot, Sweetman Renewables, yesterday announced a $15 million deal with Singapore’s CAC-H₂ to construct the country’s largest wood-fed hydrogen production plant.

As a climate economist who has conducted research in the area for more than 40 years, I’ve enjoyed Paul and Cynthia Stancioff’s occasional articles on climate change including the Aug. 26 article on carbon pricing. They have done a great job!

A mad dash to mitigate impacts from climate change is at the top of the agenda in Washington, and we’re beginning to see some new policy proposals show up in the bipartisan infrastructure bill that recently passed a Senate vote.

A major political and environmental dispute is coming to a boil in the run-up to COP26 in Scotland this November, as the EU and the forestry industry push forest biomass (turning trees into wood pellets and burning them to make electricity), claiming the science shows biomass is sustainable and produces zero emissions.

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