New biomass acquisition announced by Drax

New biomass acquisition announced by Drax: Drax Group has announced its acquisition of Pacific BioEnergy’s pellet sales contract book, a Canadian wood pellet fuel provider. The agreement is expected to add 2.8 million tonnes of sustainable biomass supply orders to counterparties in Japan and Europe. The agreement is expected to increase the group’s long-term third-party…
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20% of greenhouse gas emissions derive from carbon prices

20% of greenhouse gas emissions derive from carbon prices In recent statistics, the World bank stated, that carbon prices now hold accountability for over 20% of all greenhouse gas emissions. This is caused by a total of 64 carbon pricing instruments that are now in opera\tion worldwide. This new data suggests that that the cabon…
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Carbon pricing constitutes over a fifth of greenhouse gases

Carbon pricing constitutes over a fifth of greenhouse gases: Carbon prices now account for more than 20% of greenhouse gas emissions, having a total of 64 carbon pricing instruments now in service globally. That’s reported from the newest statistics from the World Bank, it indicates carbon pricing instruments produce around $53 billion in revenue, comprising…
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