EU probe into British Drax Biomass Subsidies

Watts Up With That?

Northeast of Drax, author Paul Glazzard, source Wikimedia Northeast of Drax, author Paul Glazzard, source Wikimedia

Guest essay by Eric Worrall

The British Drax biomass plan has received a substantial setback. The Drax project is a plan to “save” the environment by chopping down vast tracts of forest in the USA and Canada, shipping the wood to Britain, and burning it in a modified coal plant. But the government subsidies Drax negotiated to make this scheme profitable, have attracted negative attention from European regulators.

According to The Telegraph;

Blow to Drax biomass plan as EC launches state aid investigation

European Commission raises concerns that proposed subsidies for biomass conversion may be too generous.

Drax’s hopes of securing lucrative subsidies for its biomass conservion have suffered a setback after the European Commission launched a full state aid investigation over concerns the payments may be too generous.

The Yorkshire-based power plant is in the process of switching from burning coal…

View original post 147 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s