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BP Invests in Carbon Off-Setter Finite Resources (Ind. Report)
BP, Finite Carbon
Date: 2019-10-30
UK-based oil giant BP reports it has invested $5 million in Finite Resources, parent company of Wayne, Pennsylvania-based Finite Carbon, a forest carbon management company. The investment will enable Finite Carbon to grow a new line of business to incentivize forest management financed by businesses seeking to voluntarily offset carbon emissions, according to a Kallanish Energy reports.

Finite Carbon, is the largest developer of forest carbon offsets in North America, with over 40 forest projects covering nearly 3 million acres. Finite Carbon has developed and transacted more than 60 million compliance offsets, valued at nearly $600 million for landowners. (Source: BP, Kallanish Energy, 29 Oct., 2019) Contact: Finite Carbon, Sean Carney, CEO, 484-586-3080, www.finitecarbon.com

More Low-Carbon Energy News Finite Carbon,  Carbon Offsets,  BP,  Carbon Emissions,  

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