March 12, 2021
BY Erin Voegele
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The U.S. Department of Energy 2023 Billion-Ton Report: An Assessment of U.S. Renewable Carbon Resources identifies sustainable forestry as a key pillar in the effort to increase the nation’s biomass production.
Drax Group plc on April 25 released a first quarter 2024 trading update, reporting that the company’s wood pellet production business has started the year well despite challenges. Drax Power Station also performed well during the quarter.
The USDA on April 23 awarded more than $194 million in loans and grants through the agency’s Rural Energy for America Program. Biogas and bioenergy projects were among those selected to receive funding.
Drax Group on April 18 announced a carbon removals deal with C-Zero Markets, an environmental consultancy. Under the deal, C-Zero will purchase carbon dioxide removals credits from Drax representing 2,000 metric tons of permanently stored carbon.
A bill introduced by Sen. Cory Booker, D-N.J., would require the U.S. EPA to alter the way it assesses lifecycle GHG emissions from forest biomass. ABEA stresses that any accurate assessment must account for the alternative fate of biomass fuels.