The sustainable fiber supplied will enable high-quality carbon removals, to be sold as credits on the voluntary carbon market
HOUSTON, Jan. 31, 2024 /PRNewswire/ -- Carbon removals and renewable energy company Drax Group has announced a new partnership with Molpus Woodlands Group (Molpus). The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast.
Drax will have the option to take up to 1 million green tons per year of sustainably sourced fiber under a long-term fiber supply agreement. This supply will ...