Wood pellets shipped from Georgia in the US to Germany qualify as carbon-neutral energy under European rules. Apparently all that matters is that the wood is grown sustainably. The energy used in shipping it 4500 miles by truck and ship apparently doesn’t even enter their calculations.
Sorry, but using enormous amount of diesel fuel to ship wood automatically makes it not carbon-neutral and simply shows how unrealistic (and deliberately gamed) the entire carbon trading market is. The whole concept is just another elaborate sham for the bankers to profit from, in this case by gaming the markets and securitizing carbon credits but will do nothing to slow climate change.
We need a 21st century energy solution to a 21st century and beyond energy problem. Using legal loopholes for profit isn’t right.