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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)....
...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....
...“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 . . ....
...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...
...“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...
...The US-based company, which tops Drax as the largest wood pellet producer, was forced to eliminate its big dividend to continue developing wood pellet plants....
...Patrick Barker, analyst at Wood Mackenzie, said other satellites typically offer very high sensitivity to emissions at fine spatial resolution or wide spatial coverage that allow the entire globe to be observed...
...Data visualisation by Patrick Mathurin...
...France’s TotalEnergies, whose chief Patrick Pouyanné attended as a guest of the UAE, said the agreement aligned with the company’s strategy and praised the role played by COP28 president Sultan al-Jaber,...
.../ From JE Woods, Kingswood, Surrey, UK...
...But Patrick Orlando, whose Arc Global Investments is the largest investor in the Spac, has so far held out on casting his vote....
...For Patrick Perrin, PAD’s co-founder, collectible design has come of age. “This is a market reaching maturity,” he says from his office in Paris....
...Woods’ awards cap a trend of outsized paydays for industry executives following last year’s oil price surge....
...Patrick J Allen River Forest, IL, US...
...Colin Walsh’s 2023 debut Kala is comparably vivid and intense; Patrick McCabe’s Carn a probable ancestor....
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