Enviva officially declared bankruptcy. They profited from excessive carbon emissions, destroying forests, and polluting communities is on the verge of collapse.
Statement: The Future of Enviva
This morning, Enviva, the world’s largest manufacturer of wood pellets, announced doubts about its survival. They shared this on their quarterly call with shareholders. The company cited: 3rd quarter losses of almost $100M bad long-term contracts operational challenges They are projecting even greater losses in the 4th quarter. Both the financial outlook and the company’s […]
Who Is Enviva Biomass?
Enviva Biomass is the world’s largest producer of wood pellets. They make wood pellets sourced from clearcut forests across the US South. Enviva claims that pellets are a sustainable, low carbon alternative to fossil fuels. But, scientists around the world have proven that’s not true. Enviva’s wood pellets are harming forests, communities, and climate. Why […]
Release: TNC Caught Pushing Forest Industry in Farm Bill
Environmental Justice Groups Slam The Nature Conservancy for Promoting Government Subsidies for Industrial Logging, Biomass & Wood Production in 2023 Farm Bill
Enviva Northampton: A Wood Pellet Plant Harming NC Residents
The Enviva Northampton plant opened in 2013. It was one of the largest bioenergy wood pellet plants in operation at the time. We estimate that the Northampton County Enviva plant has produced 6.2 million tons of wood pellets. This has resulted in the destruction of over 149,000 acres of forest. Enviva produces wood pellets by […]