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Event Brief

Drax Hit as Japan Shifts from Wood Pellets for Energy

Japan's phaseout of subsidies threatens Drax's new projects.
WHO: Drax Group
WHAT: Phaseout of subsidies for wood pellets
WHEN: Jan 28, 2026 at 12:00 AM ET
WHERE: Japan
WHY: To reduce reliance on wood pellets for energy
Sources (1): Financial Times

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