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COP26 exposes failure of neoliberalism

COP26 exposes failure of neoliberalism
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The Net Zero Mirage

The Net Zero Mirage | Dissident Voice

And here’s another snippet: In February, more than 500 scientists and economists wrote to President Joe Biden and other leaders to warn that converting wood into power is a carbon disaster, a forest destroyer and an absurdly inefficient way to generate energy… Trees are more valuable alive than dead. According to Earth Institute, woody biomass power plants actually produce more “global warming CO2” than fossil fuel plants; i.e., 65% more CO2 per megawatt hour than modern coal plants and 285% more CO2 than natural gas. Meanwhile Canada and the U.S. deliver wood to Europe like there’s no tomorrow. According to LSA – University of Colorado/Boulder: Wood accounts for 79% of biomass production and accounts for 3.2% of energy production. Wood dominates the worldwide biomass industry. Today 50% of EU renewable energy is based upon biomass, and it is on the rise.

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