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...But to expand production, the US company issued a large amount of debt as the cost of running its wood pellet processing plants increased....
...It started converting from coal to wood pellets in 2013....
...Just last week, Enviva, once one of the world’s largest wood pellet producers, filed for bankruptcy in the US (wood pellets are marketed as a low-carbon alternative to fossil fuels)....
...“When you look at Tiffany, there is a lot of blue so, for me, there was no other option; that’s the rose I want to use,” says Epinette, who sought to modernise the rose, combining blond woods with the blue...
...Impact investing Live long and prosper: impact investing in quality ageing “I’m going to live to 114,” Alan Patricof, a longtime investor and co-founder of Apax Partners, told me last week....
...Alan SuttonLaguna Niguel, CA, US...
...Products covered by the legislation include cattle, soyabeans and wood....
...alan.livsey@ft.com...
...In an interview with the FT in December, Exxon chief executive Darren Woods said “biofuels will play a role” in the transition away from fossil fuels....
...(Patrick Temple-West) Smart read Here’s a very useful analysis of how Brazil is using COP28 to challenge the EU over its “discriminatory” green measures....
...Ubben has also been a big backer of Enviva, the world’s largest producer of wood pellet fuel....
...(Patrick Temple-West) Smart read Alan Beattie argues the “blame game” around carbon emissions is undermining the fight against climate change....
...“People are reassessing project economics,” said Michelle Davis, global head of solar at Wood Mackenzie, an energy consultancy. “Interest rates increase just the general cost of capital . . ....
...(Patrick Temple-West) Smart read Divisions among developing nations are a key factor holding back reform of the IMF, argues the FT’s Alan Beattie....
...one of the more entertainingly bonkers campaign advertisements in US political history, showing his twin contempt for gun control and carbon pricing by hanging up a copy of the bill in some West Virginia woods...
...The interiors are by Patrick Gilles and Dorothee Boissier, both alumni of Christian Liaigre’s studio (lately enjoying major success creating residences, restaurants and their own furniture-accessories line...
...Those things, and its supreme solitude, are what drew the writer Patrick Leigh Fermor to it in the 1960s. He built his stunning house at Kardamyli, one of the most atmospheric of its towns....
...Enviva, the world’s largest producer of wood pellets (which are seen as a renewable energy source), replaced its chief executive amid poor earnings this month....
...These suspicions will have been inflamed further by this FT interview with ExxonMobil chief executive Darren Woods, attending his first COP, who argued that UN climate talks have “put way too much emphasis...
...“They [the Post Office] knew enough to mediate this at the outset and could have saved everyone a fortune,” said Patrick Green KC, who acted for sub-postmasters in the 2019 case....
...Wood Mackenzie had previously predicted that European refineries would need to rationalise in 2024-25 but the consultancy has been “forced to change that view”, said Alan Gelder, vice-president for refining...
...“I’m much more aware now of how much we’ve not been looking at or utilising renewable energy,” said Patrick Killoran, a production line operator at Illuminate USA....
...“A decade ago it seemed inconceivable that Apple could wrestle the top spot from Samsung but it could be that we’re on the cusp of that milestone,” said Ben Wood, analyst at CCS Insight....
...of the main residents of the house, in the late 18th century, is Charles Osgood, an English soldier whose “pomomania, so to speak, a madness for fruit” creates a tale of sensory obsession to rank with Patrick...
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