Drax
Coverage of Drax in the Nexus archive.
- FCA closes investigation into Drax over biomass sourcing
The Financial Conduct Authority (FCA) closed a 10-month investigation into Drax, a power generator, regarding its biomass sourcing practices. The FCA reviewed thousands of pages but found no evidence to justify further action.
- Louisiana lawmakers rush to support an industry they ‘do not know a lot about’
Louisiana lawmakers passed a bill to expand wood pellet manufacturing despite acknowledging limited knowledge of the industry. The legislation, sponsored by Representative Chuck Owen, aims to incentivize pellet mills, which are owned by a British company and linked to environmental concerns.
- Louisiana lawmakers approve incentives for controversial wood pellet industry
Louisiana lawmakers passed House Bill 670 to provide incentives for the wood pellet industry, easing regulations and offering workforce and infrastructure support. The industry faces criticism for pollution violations and greenhouse gas emissions linked to exports to the UK, with opponents arguing it undermines environmental goals.