European Coal, Wood En Vogue This Winter
It's like regular coal, only different because we actually need it now.
As much as 70 percent of European heating comes from natural gas and electricity, and with Russian deliveries drastically reduced, wood — already used by some 40 million people for heating — has become a sought-after commodity. Prices for wood pellets nearly doubled to 600 euros a ton in France, and there are signs of panic buying. Hungary has banned ex…
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