Costa Rica to become the first country to ban fossil fuels
The president of Costa Rica, Carlos Alvarado, has announced plans for the nation to ban fossil fuels.
The former journalist aims for Costa Rica to become the world’s first decarbonised country, he announced 9 May during his presidential inauguration.
“Decarbonisation is the great task of our generation and Costa Rica must be one of the first countries in the world to accomplish it, if not the first,” stated Alvarado at the Plaza de la Democracy.
“We have the titanic and beautiful task of abolishing the use of fossil fuels in our economy to make way for the use of clean and renewable energies.”
“Today I receive this (presidential) badge with the full understanding that to have all of you and our country is the greatest honor that can be given and the greatest responsibility.”
In April, Alvardo committed to eliminate the use of fossil fuels in transportation across Costa Rica by 2021 – 200 years on from the nation’s independence.
“When we reach 200 years of independent life we will take Costa Rica forward and celebrate ... that we've removed gasoline and diesel from our transportation.”
The country already uses more than 99% of renewably-sourced electricity.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.