Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Drax Group provides extensive, specific and consistent information about its climate-policy lobbying. It names a wide range of identifiable measures it engages on, including UK and EU Emissions Trading Scheme developments, the Carbon Border Adjustment Mechanism, the EU Renewable Energy Directive and LULUCF rules, consultations on a UK “transitional support mechanism for large-scale biomass generators,” the Power BECCS business-model consultation, the UK Government’s long-duration electricity storage framework, and U.S. Inflation Reduction Act provisions such as the 45Q tax credit. The company also discloses how and where it presses its views, citing “one-to-one meetings with officials in HMT, Department for Energy Security and Net Zero and the European Commission (ENVI, ITRE, AGRI, ENER),” “responses to public consultations (e.g. EU Taxonomy),” participation in All-Party Parliamentary Groups, public events in Westminster and Brussels, and indirect advocacy “through relevant European and UK trade associations,” thereby identifying multiple direct and indirect mechanisms and the precise government bodies and legislators targeted. Finally, Drax is explicit about what it wants those engagements to deliver: it is “advocating for a strong carbon price, encouraging investment in low-carbon generation technologies”; urging that “the UK ETS should link to the EU ETS”; seeking a two-part mechanism combining a power Contract for Difference with a carbon payment to support BECCS; promoting “legislative change to recognise the value of negative emissions”; and supporting a cap-and-floor regime to unlock investment in long-duration storage. By clearly describing the policies addressed, its channels of influence, and the specific changes it is seeking, the company demonstrates a comprehensive level of transparency around its climate-related lobbying. | 4 |