Americas > Canadian timber company says it sold 600,000 voluntary carbon credits in Q2 for C$19.7 mln

Canadian timber company says it sold 600,000 voluntary carbon credits in Q2 for C$19.7 mln

Published 01:49 on August 6, 2024  /  Last updated at 01:49 on August 6, 2024  / /  Americas, Canada, Nature-based, US, Voluntary

A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.
A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.


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