Heard on the Street: An industry considered sustainable today can seem nefarious tomorrow—just look at biomass
Investors focused on environmental trends may be more vulnerable to changing tastes than they think. An industry considered sustainable today can seem nefarious tomorrow—just look at biomass.
The Partnership for Policy Integrity, a U.S. environmental group, has launched an all-out attack on biomass—energy generated from burning living matter, like sugar cane, wood and waste. This week it helped file a lawsuit against the European Union for accelerating climate change by subsidizing biofuels. Last week, it joined several investment...
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