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Fran Pavley

While cap-and-trade funds stay mired in debate, businesses feel the hit

While cap-and-trade funds stay mired in debate, businesses feel the hit

For more than two decades, Dianne Franklin’s logging business hummed in harmony with the power plant next door. 

Her employees cut and processed trees from forests surrounding Mt. Shasta and sent biomass waste — giant mounds of wood chips — to her neighbor, which burned the byproducts to generate electricity. The plant piped steam her way to dry planks of wood used to build homes and furniture.

But early this month, Franklin got an ominous notice: The plant, Burney Forest Power, would shut down in 60 days. With no market for her waste product and no steam to dry her wood, there’d be no need for new logs,  trucks to transport them or...

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