Government decision on high-carbon energy subsidies imminent
19 January 2024
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Energy and Environment
Christopher Snowdon's research quoted in City AM
18 January 2024
In the Media
19 January 2024
Tax and Fiscal Policy
19 November 2024
IEA research referenced in York Press
Trees for burning, a new briefing paper by IEA Head of Lifestyle Economics Christopher Snowdon on the government’s extensive subsidies for carbon intensive woody biomass energy, has been referenced in York Press.
The article said:
“Drax could be in line for billions more of taxpayer subsidy as the government announces it wants public input over how and if such funding should be given.
“However, how Drax receives subsidy to burn imported woodchips has come under further fire, including from the Institute of Economic Affairs. The think thank said yesterday that Drax could receive up to £4bn of subsidy from the taxpayer by 2030, yet the energy used in importing woodchips from North America leads to higher carbon dioxide emissions than from power generated by traditional coal, it warned.”
Read the full article here.
Read a copy of Trees for burning: the biomass controversy here.
The article said:
“Drax could be in line for billions more of taxpayer subsidy as the government announces it wants public input over how and if such funding should be given.
“However, how Drax receives subsidy to burn imported woodchips has come under further fire, including from the Institute of Economic Affairs. The think thank said yesterday that Drax could receive up to £4bn of subsidy from the taxpayer by 2030, yet the energy used in importing woodchips from North America leads to higher carbon dioxide emissions than from power generated by traditional coal, it warned.”
Read the full article here.
Read a copy of Trees for burning: the biomass controversy here.
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