'World's biggest': Drax inks pioneering carbon removals deal with Respira International

Cecilia Keating
clock • 2 min read
Drax's power station in Selby, Yorkshire
Image:

Drax's power station in Selby, Yorkshire

Drax CEO argues deal will play 'pivotal role' in the development of voluntary carbon markets

Drax has today announced that it has lined up the 'world's biggest' carbon removals deal, after confirming it has signed a memorandum of understanding (MoU) to supply two million metric tonnes of carbon...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on CCS

The Hanson Cement plant in North Wales, which will advance to negotiations phase of government CCUS competition | Credit: HyNet
CCS

'Green Day': Hydrogen and carbon capture developers celebrate 'huge progress'

But high profile plans to install carbon capture at Drax bioenergy power plant in Yorkshire missed off initial list of projects progressing to next phase of CCUS competition

Cecilia Keating
clock 30 March 2023 • 6 min read
Biochar can contain up to 75 per cent carbon | Credit: Michael Holder
CCS

The story in the soil: Meet the start-up trying to pioneer a UK market for biochar CO2 removals

DarkBlack Carbon was only officially founded four months ago, but believes it is already primed to be a market leader for biochar in the UK

Michael Holder
clock 20 March 2023 • 12 min read
Lack of support for carbon capture in Scotland hurting net zero drive, MPs warn
CCS

Lack of support for carbon capture in Scotland hurting net zero drive, MPs warn

Scottish Affairs Committee slam Holyrood and Westminster's lack of coordination on industrial decarbonisation plans

Cecilia Keating
clock 10 March 2023 • 4 min read