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Drax announces carbon removals deal with Karbon-X

SOURCE: Drax Group plc

March 29, 2024

BY Drax Group plc

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USDA: US wood pellet exports at 933,793 metric tons in April

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The U.S. exported 933,792.6 metric tons of wood pellets in April, down 15% when compared to March, but up 10% when compared to April 2025, according to data released by the USDA Foreign Agricultural Service on June 9.

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Natural Resources Canada on June 3 awarded nearly $130 million to 56 projects that aim help advance transformation of the country’s forest sector. Projects focused on wood pellets, bioenergy and biocarbon are among those to receive funding.

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Carbon Direct has released Sustainable Agricultural Biomass Sourcing for CDR: A Buyer's Guide — one of the first globally applicable frameworks for sourcing agricultural residues as feedstock for carbon dioxide removal (CDR) projects.

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The U.K. Environment Agency on May 28 issued a statement proposing to grant Drax Power Ltd. a permit change that would allow carbon capture to be implemented at Drax Power Station. A public comment period on the draft permit is open through June 24.

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The Louisiana Senate on May 27 unanimously approved a bill that aims to boost development of the state’s wood pellet manufacturing industry. The legislation is now awaiting action from Louisiana Gov. Jeff Landry.

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