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  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.