Renewable energy company Drax has joined the Carbon Business Council (CO2BC) in a bid to accelerate the scaling of carbon removal technologies.
A non-profit trade association, the Carbon Business Council is formed of companies and organisations that are looking to restore the climate. The Council now represents combined carbon management assets of more than $16.5bn.
Based in the UK, Drax hopes to support the Council’s aims with the implementation of its bioenergy with carbon capture and storage (BECCS) technology.
BECCS is the process of capturing and permanently storing carbon dioxide that is generated during the production of electricity from sustainable biomass. The process is the only carbon removal technology that can also simultaneously generate low-carbon renewable power.
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