Given they get around £2 million a day in subsidies plus other extras, I reckon they just build it in to their business model. Interest rate changes for the £7 billion plus they've had is probably a bigger hit.
That's just a leaf in the forest, the subsidy scheme was due to end in 2027 but has been extended to the end of the decade. That will cost the taxpayer/ bill payer an extra 4 billion.
That sounds like nonsense to me. There are so many easy available proteins without raising animals then killing them. Pig and poultry reduction would not ‘pour the world into hunger’ especially if it was done gradually with replacement crops planted.
"Drax helps the UK government meet its climate targets because, on paper at least, the power station is treated as emission-free. This is because international carbon accounting rules state that greenhouse gas emissions from burning wood are counted in the country where the trees are felled as opposed to where they are burned." It really is just all smoke and mirrors, isn't it?
It is. I could hardly believe what I was reading. It's absolutely friggin bonkers. We also transport the stuff in the country of source, then ship the stuff across the oceans. And there's billions in subsidies from our taxes. It's absolute madness and leaves me fuming.
And if your blood is not already boiling enough, Drax realising the subsidies on burning wood are potentially going to end soon are looking at the next subsidy scam, carbon capture.
