Business: Glowing Future for Forest Power

New England gets fired up over an ancient fuel

The surging price of heating oil is bad news for most homeowners, but not for Walt Schneider of Cannondale, Conn. Schneider's business is selling wood-burning stoves and fireplace accessories. Every time OPEC tacks yet another increase onto the price of a barrel of imported oil, fresh waves of Schneider's neighbors come streaming into his shop in search of a solution to their overheated bills.

In the past five years the long dormant wood-stove industry has been fanned back to life by the energy crisis, and nowhere...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!