Drax announces carbon removals deal with C-Zero

Drax announces carbon removals deal with C-Zero

Apr 18, 2024 by PR Newswire

Key Facts

  • The agreement is indicative of the maturing carbon market's growing appetite for high-quality carbon removals and represents another concrete step toward Drax delivering bioenergy with carbon capture and storage (BECCS) in the United States.
  • This latest agreement between Drax and C-Zero is a clear indicator that demand for BECCS-derived carbon removals continues to increase.
  • "Drax is one of the leading players in the BECCS space, and we're thrilled to be partnering with them to help solve the other half of the climate equation with carbon removal," said Mike Ridler, CEO at C-Zero Markets.
  • To learn more about how Drax is helping organizations achieve their sustainability goals through high-quality carbon removals, visit www.draxcarbonremovals.com About Drax Drax Group's purpose is to enable a zero carbon, lower cost energy future and in 2019 announced a world-leading ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) technology.

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