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Wood pellet maker Enviva reported a big quarterly loss Thursday, replaced its CEO and says it's at risk of failing because of collapsing prices and debt.
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Enviva, the world's largest maker of wood pellets with four plants in North Carolina, saw its stock price plummet this week after it canceled its dividend and told investors it expects bigger losses to come.
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Australia has decided that electricity generated by burning wood from native forests can no longer be considered renewable energy. The order adds to questions about the future of wood pellet production across the southern U.S. and the region's forests.
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State environmental regulators have issued an air-quality permit that will allow the world's largest wood pellet maker to expand a plant in eastern North Carolina.
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State officials have delayed approving an expansion for a wood pellet plant in northeastern North Carolina while they consider concerns about how the plant affects the environment and nearby communities of color.
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North Carolina's environmental justice advisory board has called a special meeting in Raleigh Thursday night to discuss concerns about the fast-growing wood pellet industry.
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The world's largest producer of wood pellets wants to expand production at a plant in eastern North Carolina — and to emit more greenhouse gases.
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The European Union is considering changes to its climate policies that could have a big effect on a controversial segment of North Carolina's forestry sector — the wood pellet industry.
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Wood pellet maker Enviva says it has landed its first U.S. customer and is speeding up plans to double production capacity in the Southeast and mid-Atlantic.
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Wood from the Carolinas is increasingly being used overseas for energy. While the industry creates jobs, communities are also paying a price. WFAE's climate reporter David Boraks and WUNC's Celeste Gracia talk about their series "The Wood Energy Dilemma with Morning Edition host Marshall Terry.