Article is about a UK #bioenergy power plant that burns imported wood pellets from the US. It received scrutiny in a report because it produced more CO2 in 2023 than the now-offline last #coal power plant. But it's not the real problem, IMO.
The UK tax payers heavily subsidise the wood-burning as sustainable and CO2-neutral, and because of the promise
of 100% carbon capture and storage by 2030.
#BECCS #CCS
But the claimed sustainability, ie not felling forests for the imported pellets, is not monitored by the government, at all.
Remember: everything profitable is attracting sociopaths and requires monitoring and harsh personal sentences for managers AND shareholders as incentive to adhere to rules.
And now read this:
"The FTSE 100 owner of the Drax power plant made profits of £500m over the first half of this year, helped by biomass subsidies of almost £400m over this period. It handed its shareholders a windfall of £300m for the first half of the year."
https://www.theguardian.com/environment/article/2024/aug/09/biomass-power-station-produced-four-times-emissions-of-uk-coal-plant-says-report
#CapitalismKills #Econobscene #Energy