Biomass
Woody biomass is marketed as a clean energy, but it is another false solution to the climate crisis. Not only is carbon released when trees are burned; the demand for charcoal for industrial uses, and wood chips and pellets for heating or electricity generation are driving expansion of monoculture tree plantations, particularly in the global South.
Bulletin articles
22 July 2023
After 14 years of profiting from tree plantations—and at the cost of destroying wetlands and communities—the Harvard Management Company, one of the largest investment funds, sold 88,000 hectares in Corrientes to Argentina's largest electric power company, Central Puerto, which also wants to produce wood, biomass energy and carbon offsets.