Tech firm pays up to $45/t to scoop up entire US urban forest credit portfolio

Published 17:16 on April 6, 2022  /  Last updated at 06:37 on April 7, 2022  / /  Americas, International, US, Voluntary

A technology company has purchased the entire portfolio of urban forestry carbon credits in circulation in the US for between $34 and $45 per unit with the aim of digitising the credits for resale through the firm’s blockchain platform in the coming months, the firm said on Wednesday.
A technology company has purchased the entire portfolio of urban forestry carbon credits in circulation in the US for between $34 and $45 per unit with the aim of digitising the credits for resale through the firm’s blockchain platform in the coming months, the firm said on Wednesday.


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