The agreement – the latest indicator of growing demand for BECCS-derived carbon credits – converts an existing memorandum of understanding (MoU) into a firm offtake deal
HOUSTON, April 18, 2024 /PRNewswire/ -- Carbon removals and renewable energy company Drax Group today announced a carbon removals deal with C-Zero Markets (C-Zero), an environmental consultancy. 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.