December 6, 2011
BY Anna Austin
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Drax Group on March 28 announced a new carbon removals deal with Karbon-X. Under the agreement, Karbon-X will purchase CDR credits from Drax representing 25,000 metric tons of permanently stored carbon at $350 per metric ton.
In a landmark conservation effort, 2,808.16 acres of Pierce’s Low Grounds in Greensville County, Virginia, have been permanently protected, securing a vital ecological asset for future generations.
U.S. manufacturers produced approximately 880,000 tons of densified biomass fuels in December, according to the March edition of the U.S. Energy Information Administration’s Monthly Densified Biomass Fuels Report.
Drax Group has announced an MOU with Viking CCS, the Humber-based CO2 transportation and storage network led by Harbour Energy, together with non-operated partner bp, to assess options to transport and store CO2 in the Humber region.
Prairie Clean Energy has been approved by the Saskatchewan government for a 45% new investor tax credit through the Saskatchewan Technology Startup Incentive program. The company produces flax straw pellets.