ClimeCo has consolidated its position as the top provider of voluntary and WCI-eligible carbon credits under the Climate Action Reserve standard with its purchase of Environmental Credit Corp, it said on Thursday.
ClimeCo bought the company on Aug. 24, according to a company statement, which did not disclose the price paid.
ClimeCo has over 50 GHG-cutting projects in its portfolio, which will be boosted by the 15 ECC has in operation, including many that are eligible for use in California’s cap-and-trade system.
ECC formed in 2004 and specialises in ozone-depleting substance destruction, livestock methane capture and organic waste composting.
ClimeCo says it manages projects that reduce more than 3 million tonnes of CO2e per year.
By Ben Garside – firstname.lastname@example.org