Washington Carbon Offset Developer ‘Steps Away’ From Project
A company that had been working with the Washington state Dept. of Natural Resources (DNR) to help develop a state program to sell carbon offsets as a way to generate forest revenues has stepped away from the project, citing the possibility to re-engage at a later date “when the path forward” for developing such a project is clearer, company officials said. Majority-owned by oil producer BP, Finite Carbon had been advising DNR officials since 2020. In April 2022, the company and DNR officials announced the program and an initial sale of 10,000 acres’ worth of carbon offsets. The carbon offset program, which remains under development, has been controversial from the start for timber industry officials in the state, who saw the 10,000 acres taken out of production.
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Renova Delays New Biomass Plant Startup
Japan renewable power producer Renova Inc recently announced is postponing the launch of commercial operation of the 74.8-MW Tokushima-Tsuda biomass-fired power plant to some time in May 2023. Initially scheduled for a March 2023 startup, the plant is undergoing machine inspections, according to Renova…
Spectrum Moves Ahead At Adel
Spectrum Energy Georgia LLC plans to begin construction this summer of an industrial wood pellet facility in Adel, Ga. and expects to commission the plant 12 months later, or summer of 2024. The plant will operate at the site of an idled particleboard facility…
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