My peat article for some reason didn't paste completely. Here is the link you should read.

How can anyone read this and not get excited. For Peat's Sake, I didn't know Canada was #1 for Peat in the world. So we got lots of peat and lots of juicy stuff in the Ring of Fire which is 4x the size of the Sudbury basin. WE have it all! When you click on the link, read it carefully and you'll get the jigglies like me. Pay attention to the map at the end ..the one showing you the generalized peatland distribution in Ontario. Take a good look as to where it is and think again about James Bay lowlands .,.Ring of Fire.

http://www.peatresources.com/peat_fuel.htm

Pay special attention to stuff like:

Peat is a sustainable resource that can contribute significantly to Ontario’s economy and help reduce carbon emissions from coal burning power stations. From data published by the Ministry of Energy, 8 million tonnes of peat fuel can generate 3200 MW of electrical power at 8 cents (or less) per kWh. For example, peatlands held under permit by Peat Resources Limited in northwestern Ontario contain sufficient fuel-grade peat to supply the Atikokan and Thunder Bay Generating Stations for more than 20 years. Peat fuel can be used directly as a substitute for coal in power generating stations5 . In contrast, wood pellets require new technology for handling and processing as well as extensive retrofit of existing coal burner systems. The current downcycle of the forest industry has led to the freeing of some wood resources but not enough to support economically the demands of Ontario power generation. There is also a need to protect wood assets to support the forest industry during the next economic upswing. As a study commissioned by the Government of New Brunswick shows, diverting forestry resources to wood pellets offers the least economic benefit as compared to other fibre usages6 . Every tonne of peat harvested and processed in Ontario adds $150 to the Ontario economy through economic multiplication factors. A 1.5 million tonne per year peat fuel production operation in northwestern Ontario, which would satisfy the biomass fuel demand of the Atikokan and Thunder Bay Generating Stations, would generate over 200 new permanent direct local jobs and annually inject $225 million into the economy of northwestern Ontario.

Peat is partially decomposed plant remains in shallow bogs, occurring most abundantly in cool temperate regions of the northern hemisphere. Peat fuel is derived from the more decomposed (humified) peat layers in the bogs.

Canada contains over 170 million hectares of peatlands, the largest area of any country, and about 40% of the world’s peatlands