Interpreting ‘Value’ in REDIII: Where BECCS Fits in the Biomass Cascade

As EU Member States press ahead with implementing the Renewable Energy Directive III (REDIII), they are required to apply the “cascading principle” when awarding subsidies for woody biomass for energy. The idea sounds straightforward — prioritise higher-value uses of wood before lower-value ones — but in practice, it is anything but. As I’ve written previously,…