More On Brexit
July 8, 2016
BY Anna Simet
I’m still working on digging myself out of the mountain of work that piled up while I was on vacation, and that includes writing, editing and—to the dismay of my graphics designer—continually rearranging and adding to the August Biomass Magazine proof.
With the United Kingdom’s recent vote to exit the European Union, it has left many in the renewables sector—over here in the U.S., largely global pellet market stakeholders—what might happen to the country’s biomass sector, given that it’s huge successes in recent years have resulted from commitments to EU carbon reduction goals (and subsidies, contracts for difference, etc.).
I have some freelancer boots on the ground over there, someone who has been studying initial reactions, predictions and likely outcomes. She quickly put together a really good initial story, so, just for you, I have squeezed it into this issue, which should be available online within a couple of weeks. My inkling is that this is a story/situation we will be following for…well, many years to come. This will be a long process, the U.K. leaving the EU, but we all know that investors and stakeholders must have confidence in the long-term, and can’t gamble on a murky future.
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Check out “Biomass and Brexit,” by Amanda Saint, which will appear in the August issue of Biomass Magazine.
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