drax, Tag

Critics say power generator would make loss without public support as firm boosts dividend after 84% rise in profits to £731m

Briefing notes obtained by FoI reveal minister meeting with Drax CEO was told Greenpeace supported practice

The BBC have finally caught up! There have been complaints for years about this:

The power station has paid out millions over alleged overpollution in US south, investigation finds

Britain’s single biggest source of carbon emissions could negotiate over Liz Truss’s £150m bills freeze

A recent article in United Kingdom (UK)-based newspaper The Guardian gives fair coverage to the idea that biomass energy may not be as environmentally friendly as its advocates claim.

The importing of wood to burn in Drax power station “is not sustainable” and “doesn’t make any sense”, the business and energy secretary, Kwasi Kwarteng, told a private meeting of MPs this week.

Drax has taken £5.6bn in subsidies from energy bill payers but business secretary says practice is ‘not sustainable’

Operator of Yorkshire plant reaches deal as part of government’s push to shore up UK’s energy supplies

The researchers say governments have been using “ false accounting” when calculating forest bioenergy’s emissions and that it “must end”.

Subsidies for their biomass operation reached £893 million last year. All of this is added to our electricity bills:

Company’s shares hit seven-year high after revealing plans to invest £3bn despite questions over biomass

Drax has been booted from an investment index of clean energy companies as doubts over the sustainability of its wood-burning power plant begin to mount within the financial sector.

Doubts over sustainability of company’s wood-burning power plant mount within financial sector

Note how both Drax and the BEIS are simply sticking their fingers in their ears! “We don’t recognise these figures!!”