Currently the UK’s largest renewable energy provider by output, Drax was one of the first companies in the world to set the lofty goal of becoming carbon negative — removing more emissions from the atmosphere than it creates — by 2030. Over the past decade Drax has worked toward this goal, while supporting energy security in the U.K., by converting its coal generation units in Yorkshire to renewable biomass made from sustainably sourced wood pellets. Now, Drax is focused on the development of its global BECCS projects.
“BECCS is unique because it delivers reliable renewable power — essential for energy security — as well as carbon removals, which the world needs to reach net zero. No other readily available technology does both,” says Will Gardiner, Drax’s CEO.
Drax has plans to deliver 12 million tons of carbon dioxide removals each year by 2030. Subject to the right engagement with UK government, BECCS at Drax Power Station could remove 8 million tons of CO2 each year by 2030, and Drax is exploring the potential of other international BECCS sites, including in the U.S., where the recent Inflation Reduction Act has encouraged a host of new green investments.
But for this to happen, Drax says, the U.K. and EU urgently need to build a robust carbon removals market. This should include an effective certification framework to mark the gold standard, creating greater certainty, transparency and clarity for the industry and its investors.
For BECCS to reach its full potential, we need a global certification framework, and it is great that the EU is already taking steps to put this in place. A consistent and standardized approach to carbon removal certifications will give confidence in the market, providing transparency and certainty for both the demand and supply side.
It’s now time for European governments to accelerate policy support for carbon removals technologies like BECCS and establish themselves as a world leader in essential green investment.
https://www.politico.eu/sponsored-content/revolutionary-carbon-removal-technology-to-tackle-climate-change/
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Wonderful progress Drax
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Dear Tabitha Kimani Thank you for getting your climate love to level 2! We have reached out to Drax Group and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
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Amazing
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This is highly commendable.
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Welldone,this is right and recommendable.
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This the way to go Drax group
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What! Is this a joke? Clear-felling old-growth Forest in Southern Stages of USA and Canada, leaving black communities around the pellet plants choking on levels of PM2.5 dust that are way beyond WHO standards; Claiming £Millions of subsidy: greenwashing at its worst. The only 'heart' that Drax should get is a broken one.
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£🔥£⛔⛔⛔⛔⛔⛔⛔⛔£🔥£ https://www.clientearth.org/projects/the-greenwashing-files/drax/ .🔥 #Liars🏴👑🏴 #Terrorists🔥 https://www.theguardian.com/environment/2022/aug/11/burning-imported-wood-in-drax-power-plant-doesnt-make-sense-says-kwarteng?CMP=Share_AndroidApp_Other
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This move by drax will surely curb adverse climate effects from carbon emissions
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Way to go Drax
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This is interesting of Drax. Carbon capture has proved to be an efficient means of reducing green house gases from the atmosphere.