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Economist

Wood: The fuel of the future

April 4, 2013

WHICH source of renewable energy is most important to the European Union? Solar power, perhaps? (Europe has three-quarters of the world?s total installed capacity of solar photovoltaic energy.) Or wind? (Germany trebled its wind-power capacity in the past decade.) The answer is neither. By far the largest so-called renewable fuel used in Europe is wood.In its various forms, from sticks to pellets to sawdust, wood (or to use its fashionable name, biomass) accounts for about half of Europe?s renewable-energy consumption. In some countries, such as Poland and Finland, wood meets more than 80% of renewable-energy demand. Even in Germany, home of the Energiewende (energy transformation) which has poured huge subsidies into wind and solar power, 38% of non-fossil fuel consumption comes from the stuff. After years in which European governments have boasted about their high-tech, low-carbon energy revolution, the main beneficiary seems to be the favoured fuel of pre-industrial societies.The idea that wood is low in carbon sounds bizarre. But the original argument for including it in the EU?s list of renewable-energy supplies was respectable. If wood used...

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