Investment manager buys forest to generate California carbon credits

Published 07:52 on June 22, 2023  /  Last updated at 07:54 on June 22, 2023  /  Americas, Asia Pacific, Australia, Canada, US

An Australia-headquartered global investment manager on Thursday announced it has purchased a 19,000-acre forest in California, in which it plans to generate carbon credits eligible for the state’s cap-and-trade scheme.
An Australia-headquartered global investment manager on Thursday announced it has purchased a 19,000-acre forest in California, in which it plans to generate carbon credits eligible for the state’s cap-and-trade scheme.


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, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.