European Natural Forest School
Hotel Tatra Bratislava – ubytovanie, kongresové priestory
Appeal | swedishforestvision
Accueil - Coordination Libre Evolution
Description: coordinated strategy for protection and restoration of wilderness and large wild areas
In statements which have dire implications for the future of the forest bioenergy industry, Drax Corporation’s own Advisory Board has told it to stop calling biomass ‘carbon neutral’ . This warning comes amid a rising chorus of concern about the impact of the industry from scientists, politicians and investors alongside environmental NGOs.
Chaired by former UK chief scientific adviser Professor Sir John Beddington, the Advisory Board says Drax must “move away from saying ‘carbon stocks are increasing/stable’ and stating biomass is carbon neutral”, and “reassess its criteria for determining carbon neutrality”.
Meanwhile when questioned by Toby Aykroyd of Wild Europe at Drax’s Annual General Meeting on 26 th April, its Chairman Philip Cox confirmed that Drax had not been reinstated following its expulsion in 2021 from the Dow S&P Clean Energy Index – which is compiled for investors – because of its high carbon emissions from wood burning. This reason was reaffirmed following a Financial Times newsletter enquiry in August 2022.
European Natural Forest School
Hotel Tatra Bratislava – ubytovanie, kongresové priestory
Appeal | swedishforestvision
Accueil - Coordination Libre Evolution