Drax announces carbon removals deal with C-Zero [Yahoo! Finance]
DRAX GROUP UNSP/ADR (DRXGY)
NASDAQ:AMEX Investor Relations:
drax.com/investors
Company Research
Source: Yahoo! Finance
HOUSTON April 18, 2024 /PRNewswire/ -- Carbon removals and renewable energy company Drax Group today announced a carbon removals deal with C-Zero Markets (C-Zero) , an environmental consultancy. The agreement is indicative of the maturing carbon market's growing appetite for high-quality carbon removals and represents another concrete step toward Drax delivering bioenergy with carbon capture and storage (BECCS) in the United States C-Zero will purchase carbon dioxide removals (CDR) credits from Drax representing 2,000 metric tons of permanently stored carbon under the terms of the agreement. The deal, which converts a previous MoU into a firm offtake agreement, is connected to Drax's future deployment of carbon negative BECCS in the U.S. "Organizations like C-Zero and the clients it supports are looking to permanent, engineered carbon removals that are high-integrity to ensure their climate commitments are achieved," said Laurie Fitzmaurice , President, Carbon Removals at Drax. "
Show less
Read more
Impact Snapshot
Event Time:
DRXGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRXGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRXGY alerts
High impacting DRAX GROUP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
DRXGY
News
- Drax Announces $250,000 Gloster Community Fund [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine Drax Group plc (LON:DRX)? [Yahoo! Finance]Yahoo! Finance
- Drax Foundation Gives More Than $4.6 Million to Boost Communities [Yahoo! Finance]Yahoo! Finance
- Drax Foundation Gives More Than $3.4 Million to Boost Communities [Yahoo! Finance]Yahoo! Finance
- Drax Foundation Gives More Than $3.4 Million to Boost CommunitiesPR Newswire