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Are “Fuel-Grade Woodchips” Clean and Sustainable?

Just came across this press release from Green Energy Resources, a company that has “developed international standards of conformity for fuel grade woodchips.” From looking at their web site, this looks like part of a larger strategy aimed at biomass. I must admit, I’m a little confused about biomass in general, as I’m assuming it has to be burned to produce energy? Wouldn’t this at least produce CO2? I’m not a scientist, so feel free to correct and instruct…

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