Displaying items by tag: impacted communities against wood pellet coalition
Enviva’s financial problems shed light on biomass energy flaws
The Impacted Communities Against Wood Pellet Coalition (ICAWP) organized the protest and says the company has been ignoring the concerns of impacted communities while receiving millions of dollars in subsidies and tax breaks from the state. ICAWP
This week Enviva, which is the world’s largest wood pellet manufacturer, saw its stock price fall by more than 90 percent from its height earlier this year following a grim financial report from the company. The company’s money problems show the massive flaws with the biomass energy industry and are due in part to the company being held accountable for its polluting pellet plants.
Enviva operates pellet plants across the South. These dirty facilities release huge amounts of air pollution, dust and fine particulates that can cause asthma and respiratory illnesses in nearby communities. The hazardous plants are often times sited near communities of color that are already overburdened with industrial pollution.
Enviva’s current financial crisis is due in part to the company being forced to internalize the environmental costs of its dirty operations, rather than pushing them off onto nearby communities. SELC, along with community partners across the region, have scored major victories against Enviva and other pellet companies, forcing them to install pollution controls and better protect people living nearby.
“Enviva’s wood pellet plants have caused long-lasting damage to communities across the South. The company’s financial problems are partially caused by communities standing up and pushing back on this dirty industry,” said Heather Hillaker, Senior Attorney for SELC.