Guardian: Chief executive welcomes government decision that sends her share price down 15%. Strange as it sounds, that's an accurate report of events today at Drax, the dirty power producer that aspires to be cleaner. Dorothy Thompson, responding to the new regime for subsidies for biomass burners, was a model of enthusiasm. She appreciated the government's extensive work in promoting sustainably sourced fuels. She expressed confidence that Drax, currently concentrated in coal, could switch within five...
URL: http://www.guardian.co.uk/business/nils-pratley-on-finance/2012/jul/25/drax-biomass-market-panic
Enclosure: http://static.guim.co.uk/sys-images/Business/Pix/pictures/2012/7/25/1343237232018/Drax-coal-powered-power-s-008.jpg
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