The UK’s biggest wood burner is in talks with the Government over further handouts to cover funding its controversial biomass plant. Despite whopping profits and a £300 million share buyback, Drax wants ministers to provide financial support through to the end of the decade. It has been handed more than £6 billion of subsidies for the power station in Selby, North Yorkshire that generates more than 4 per cent of the UK’s electricity. But Drax’s green credentials have been queried, given it burns wood pellets from Canada and one of the UK’s top carbon dioxide emitters. The company will no longer receive Government subsidies when funding ends in 2027.