The United Kingdom's (UK) historic Brexit vote has put British Columbia's (BC) wood-pellet biomass industry into uneasy territory. The UK is BC's biggest buyer of wood-pellet biomass because the European power has been switching over its coal-burning factories to wood-burning factories in order to reduce its greenhouse gasses. The reduction in greenhouse gasses was mandated by a European Union (EU) regulation. Now that the UK has elected to leave the EU, there's no telling how much the UK will remain committed to its efforts to go green since it won't be subjected to the EU mandates.
[Gordon Murray, executive director of the Wood Pellet Association of Canada] said the B.C. industry, with 12 factories in the province, generated about 1.7 million tonnes of wood pellets, referred to as biomass, in 2015 with 70 per cent of it going to the U.K.
In 2015, biomass wood pellets were B.C.’s biggest export to the U.K. at just over one million tonnes worth $159 million, according to trade data collected by Statistics Canada.