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.


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