Cleaner Tech
World’s Largest CO2 Removal Deal Ever Depends on Tech That Isn’t Ready Yet
No one to date has demonstrated a commercial-scale biomass power plant that can capture and bury its emissions deep underground.
Cooling towers stand within the Drax Group Plc.'s power station complex near Selby, UK.
Photographer: Simon Dawson/Bloomberg
This article is for subscribers only.
Sign up to receive the Bloomberg Green newsletter in your inbox.
British energy company Drax Group Plc is planning to sell offset credits tied to power plants in the US that it has yet to build, relying on technology that hasn’t yet been proven to work at scale and by burning fuel that’s still controversial.