Home Forestry Innovations Biomass Allowing Site C would put biomass energy and bioproducts profits at risk

Allowing Site C would put biomass energy and bioproducts profits at risk

As the deadline nears for the B.C. government's decision on whether to proceed with the $9-billion (and counting) Site C dam, one aspect of the controversial B.C. Hydro project deserves more attention: What do rising hydro rates and a glut of power mean for the financial viability of numerous forest companies and the rural communities in which they operate?

Contrary to what many British Columbians think, many forest companies produce more than just lumber, panels, pulp and pellets. Some also produce power that is sold to B.C. Hydro.

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Source: The Province

 
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