Biofuel from wood chips

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    Japan’s Forestry Agency will be pumping money into mountain areas of Japan by setting up a plan to turn wood chips into biofuel:

    A center the agency is setting up in fiscal 2009 will introduce forestry cooperatives, lumber mills and other entities making biofuels to potential users of the CO2-free energy source, such as farmers, small businesses and schools.

    The center will then help biofuel users sell CO2 emissions credits they earned through its use to utilities, steelmakers and other major companies engaging in business activities involving greenhouse gas emissions.

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