Wood pellets may look like high end kitty itter but they are far more important than that (although your correspondent's cat may disagree). Indeed, backers of these little energy packed sticks that are displacing increasing amounts of dirty coal in some of Europe's biggest power plants, reckon pellets could be the next big global commodity.Already there is a growing transatlantic trade in pellets with big ships carrying millions of tonnes of pelletised wood from forests in the US' southeast to power stations in the UK and Europe to help utility companies meet EU green energy targets for 2020.
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