2013年4月14日日曜日

The fuel of the future


ESG in Osaka starts from this week!


Wood
Environmental lunacy(奇妙な状況) in Europe

Our Discussion
l   Do you interest in environmental problems, especially global warming?
l   Do you think wood is the fuel of the future and if so, how to promote it?
The Economist often pick up environmental issues. International society especially EU still has an interest on them. First I want ask you your interest. Secondary, I’d like to share how to facilitate renewable energies including wood based on this argument.


The Economist argument
1.        What is the most important source of renewable energy in Europe?
Wood. It accounts for about half of Europe’s renewable-energy consumption.

2.        Wood = renewable?
Yes. Wood can be carbon-neutral. Although whether it actually turns out to be is different matter, once EU decided to call it renewable, its usage soared. In the electricity sector, wood has various advantages (such as “co-firing”) compared to solar and wind.

3.        Money grows on trees
In the sake of public subsidies backed by alliance (greens, utilities, governments), a new sort of energy business is created and European demand will rise.  Most timber consumed in EU comes from imports. A new wood-exporting business in western Canada, the America south is booming. As a result, prices are going high and are putting pressure on companies that use wood as an input.

4.        Subsidising biomass energy = efficient way?
No. Wood produces carbon twice over in the process of making pellets and shipping. This decreased the amount of carbon saved by switching to wood. The original idea (wood=carbon-neutral) is oversimplified. In reality it depends on types of forest, trees, usage, and terms of use of the forest. EU subsidiary probably does not reduce carbon emissions and does not encourage new technologies.

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