"Wood Pellet Giant Enviva Discloses a Financial Crisis"
"A financial crisis has enveloped Enviva, the Maryland-based company that’s been harvesting large swaths of forest in the Southeast United States to make wood pellets for electricity production in the United Kingdom and Europe." "The company’s stock price plunged as its new interim CEO announced financial losses. Environmentalists had long questioned a business model they said was based on greenwashing."