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Drax allowance hit £893m last year – Raised by that?




Drax allowance hit £893m last year – Raised by that?



























NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

Drax just published their latest Annual Account:

Subsidies for their biomass operations reached £893 million last year. All of these are added to our electricity bill:

EBITDA for the year was £398 million, so Drax would have gone bankrupt without their allowance.


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