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Drax fires up plans for fleet of pellet plants to supply UK biomass operations

Business Green

UK energy firm to begin construction of first of three biomass pellet plants in North America later this month in bid to bolster supply chain for sustainable feedstocks.

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Drax completes acquisition of biomass pellet producer Pinnacle Renewable Energy

Business Green

Deal aims to shore-up Drax's wood pellet supply chain as it sets sights on global biomass and carbon capture growth. Drax has completed the acquisition of leading wood pellet producer Pinnacle Renewable Energy, in a move aimed at shoring-up the supply chain for its growing biomass energy and carbon capture ambitions.

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Drax boosts biomass ambition with plan to double production of wood pellets

Business Green

Firm announces new wood pellet production and sales targets as it confirms intention to build global fleet of bioenergy and carbon capture and storage plants. As a global leader in negative emissions, we're going to scale up our ambitions internationally," Gardiner said.

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Shopify orders up latest carbon removal deals

Business Green

Shopify and Stripe announce latest $11m investment round through Frontier negative emissions fund. Ecommerce tech giants Shopify and Stripe have announced the latest round of investment as part of the Frontier negative emissions technology initiative, securing $11m worth of carbon removal credits through six new deals.

Carbon 73
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Deploying bioenergy with CCS could save UK £4.5bn, Drax claims

Business Green

Deploying carbon capture technologies at Drax's biomass power plant in North Yorkshire could save the UK energy system more than £4.5bn in decarbonisation costs over the coming decade, a new report commissioned by the energy firm today claims.

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Eavor completes $182 million equity round to advance closed-loop geothermal

ThinkGeoEnergy

This equity round also represents the first grant awarded by the Canada Growth Fund, a $15 billion federal program that supports low-carbon initiatives. On our journey to becoming carbon negative by 2030, we recognize that innovation and collaboration are fundamental to how we build a more sustainable world.

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Mapped: The Network of Powerful Agribusiness Groups Lobbying to Water Down the EU’s Sustainable Farming Targets

DeSmogBlog

Since then, leading industry associations and agrochemical companies have used their lobbying might to push back against core European measures aiming to lead the transition to a more sustainable way of farming. The European Biodiversity strategy, which is another core plank of the Green Deal, includes similar goals.