Enviva filed for Chapter 11 bankruptcy on March 14th following several months of financial difficulties and a missed interest payment in January. The company has been burdened by high levels of debt, rising costs, and lower pellet prices. What are the implications for...
Investment costs for wood pellets capacity, both brownfield and greenfield, have increased by approximately 6% per annum over the last 16 years. This analysis, based on more than 50 projects in the US and Canada, reveals a significant rise compared to the general...
Tack till Virkesbörsen (www.virkesborsen.se) för möjligheten att tala på Virkesstudion 29:e februari om utsläppsrätter från skog och dess påverkan på skogsbruket och virkesmarknaden i Sverige. Du kan se min presentation här (börjar kl. 57m00s):...
Market headwinds in 2023, cautious optimism for 2024 Since the release of our report on Forest Carbon Markets in February 2023, the market has met headwinds. Carbon pricing mechanisms, such as emissions trading schemes (ETS) and carbon taxes, continue to expand...
Anticipated demand growth in the world's largest pellet market faces constraints from raw material scarcity and competition with other forest industries. Europe represents 70% of global wood pellet demand and is experiencing resurgent growth, driven by the energy...
Demand for wood pellets in Europe has surged over the last 18 months due to the energy crisis and soaring prices for gas and power. This has made wood pellets even more cost-competitive for residential heating and commercial power generation. Meanwhile, the EU...
The European energy landscape has experienced significant turbulence over the past 18 months, resulting in substantial effects on wood pellet markets. The conflict in Ukraine led to a gas shortage in Europe, causing gas and power prices to soar. In response, wood...
After several years of strong demand and record prices for softwood lumber, the global sawmill industry now faces challenging markets ahead. From 2020 to 2022, supply chain constraints and an unexpected surge in home improvement...
In this second of a series of blogs about the rapidly evolving markets for forest carbon and how they can impact global forestry, we focus on carbon pricing mechanisms -- including carbon taxes and cap-and-trade systems, and the role of forest carbon credits. See also...
Forest carbon markets are quickly evolving as the importance of forests in tackling climate change is increasingly recognized and rewarded – something we are pleased to see and are very excited about. Almost 25% of global carbon dioxide emissions are now covered by...