Proposed conversion of former coal plant to biomass is a high risk for investors, new study shows
The Pego power station in Portugal represents a high risk for investors and financiers, according to a “Dodgy Deal” briefing published today by five environmental groups (1), who urged funders to steer clear of financing the proposed conversion from burning coal to firing wood pellets. Campaigners also warned that converting the plant to wood pellets would have severe environmental and climate impacts, as well as prolonging adverse impacts on public health locally due to air pollution and wood dust exposure. The …
