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Subsidies to biomass plant in Teesside must be stopped says environmental coalition

Envirotec Magazine

Since the MGT Teesside plant was awarded its CfD, the Government has agreed that this type of power plant does not meet the official definition of low-carbon electricity. During COP26, Lord Goldsmith admitted the UK had ‘real problems’ with burning wood for electricity. ” Cut Carbon Not Forests was launched in June 2020.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

Companies release carbon dioxide and other greenhouse gases into the atmosphere due to their operations and supply chain. Furthermore, expansion to new sectors, faster cuts of the supply of allowances and other climate policies like EU’s fit-for-55 or COP26 adoption of Article 6 are pushing prices up.