Fooling ourselves while burning our trees?

Over the last decades, burning wood for energy has expanded in the EU, as have proposals for implementing Bioenergy with Carbon Capture and Storage (BECCS). The origins of this questionable boom can be found in accounting loopholes, which allow burning woody biomass to be classed as carbon neutral and BECCS as carbon negative. Based on these loopholes and large lobby power, (woody) biomass has received generous subsidies and been counted towards renewable energy targets in the EU. A large international supply chain has developed, with wood pellets being shipped all the way from forests in the U.S. Southeast to generate energy in the EU.