The WSJ reports on EU utility companies buying USA wood pellets for renewable energy.
The push isn't in North Carolina but in Europe, where governments are trying to reduce fossil-fuel use and carbon-dioxide emissions. Under pressure, some of the Continent's coal-burning power plants are switching to wood.
But Europe doesn't have enough forests to chop for fuel, and in those it does have, many restrictions apply. So Europe's power plants are devouring wood from the U.S., where forests are bigger and restrictions fewer.