Drax plans carbon removal business as auditor airs biomass sustainability concerns
February 7, 2024
By Adam Duckett
DRAX is launching a new business focused on building power plants that burn biomass, capture the emissions (BECCS), and then sell the resulting carbon removal credits.
Drax will launch its new business later this year and wants to build new BECCS plants around the world capable of removing at least 6m t/y of CO2 from the atmosphere. Trees are cut down and combusted and the resulting emissions are captured and stored to prevent them from reaching the atmosphere. For every ton of CO2 captured, Drax would then sell a carbon removal credit on the open market to companies looking to offset their emissions.
Read the complete story here.
Print this page