Latest News - Subsidies spark unintended resource shortage in EU

Subsidies spark unintended resource shortage in EU
Fri, Oct 22, 2010
PRESS RELEASE
Subsidies spark unintended resource shortage in EU

Complexity of issue leads to unintentional ‘environmental idiocy’, says Ladislaus Döry, President of the European Panel Federation
 
Brussels, 11 October 2010.
A debate today lifted the lid on a hitherto unrecognised side-effects of the EU’s renewable energy policy: the financial incentives to burn wood harvests. Experts at high-level panel debate in the Flemish Parliament revealed how subsidies for woody biomass make it more profitable for forestry byproducts to be sold as fuel for incineration rather than for use as wood (in furniture, construction, etc). Wood panel manufacturers warn that the unintended consequences of EU Biomass subsidies re endangering their industry, putting at stake jobs, rural communities and the environment. They raise the spectre of wood biomass becoming the next biofuels debacle, unless policymakers act now.

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