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01.07.25 - 08:48
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Drax Group Appoints Frank Lemmink As New CFO (AFX)
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LONDON (dpa-AFX) - Drax Group PLC (DRX.L), a renewable energy company, Tuesday said it has appointed Frank Lemmink as chief financial officer, effective September 1, 2025.Lemmink succeeds Andy Ske......
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27.06.25 - 00:06
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Cutting down forests to feed Drax incurs a huge carbon cost | Letters (The Guardian)
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Alex Sobel MP writes paying Drax billions of pounds to burn forests is not a coherent climate strategy; Tom Blandford suggests Drax is a stepping stone to a low carbon future; Peg Putt deplores its emissions 'reductions' scheme; plus a letter from William CarmichaelDale Vince is right that paying the Drax power station billions of pounds to burn forests is not a coherent climate strategy (Ancient trees are shipped to the UK, then burned – using billions in 'green' subsidies. Stop this madness now, 21 June) . Labour has already said these subsidies should not continue beyond 2031 – a welcome and necessary step.Cutting down forests in Estonia, Latvia, the US and Canada is destructive to biodiversity. What's more, it makes no climate sense – for forests to recover their role as lungs that absorb carbon dioxide takes decades. Biomass, of the type Drax uses, incurs a huge carbon cost. Continue reading......
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21.06.25 - 12:48
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Ancient trees are shipped to the UK, then burned – using billions in ′green′ subsidies. Stop this madness now | Dale Vince (The Guardian)
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The evidence against the Drax power station is damning, yet the government wants to continue its massive public fundingHow green is this? We pay billions of pounds to cut down ancient forests in the US and Canada, ship the wood across the Atlantic in diesel tankers, then burn it in a Yorkshire-based power station.Welcome to the scandal of Drax, where Britain's biggest polluter gets to play climate hero. The reality is that billions in public subsidies has enabled Drax to generate electricity by burning 300m trees. Now the government is trying to force through an extension that would grant Drax an estimated £1.8bn in public subsidies on top of the £11bn it has already pocketed, keeping this circus going until at least 2031.Dale Vince is a green energy industrialist and campaignerDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading......
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02.06.25 - 13:42
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Calls for Drax to be forced to fully disclose its biomass sourcing (The Guardian)
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Campaigners say the publication of key KPMG report must be a condition to MPs extending subsidies schemeThe owner of the Drax wood-burning power station should be forced to disclose full details of its tree consumption, campaigners have argued, as MPs review the billions in renewables subsidies the North Yorkshire plant receives.A delegated legislation committee will decide on Monday whether to pass the government's plans to extend billpayer-funded subsidies to the country's biomass power generators, of which Drax is by far the biggest. Continue reading......
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