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Europe’s First Biomass Exchange to Open in November

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AMSTERDAM (Reuters) - Europe's first exchange for trading wood pellets, used to replace coal in electricity generation, will be launched on November 3 in the port of Rotterdam, Anglo-Dutch exchange APX Endex said in a statement. The global market of wood pellets is growing as a result of world-wide policies to cut CO2 emissions and replace fossil fuels with renewable sources of energy.

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