Energy Company Invests $100M In U.S. Forest Carbon Offsets
Posted On
September 11, 2024
A French energy company, TotalEnergies, will invest $100 million in what will be the largest-ever purchase of carbon offsets tied to U.S. timberlands. The company states that this will enhance sustainable forest management practices across 740,000 acres in 10 states. TotalEnergies signed with Anew Climate and Aurora Sustainable Lands. The latter is a U.S. carbon-stewardship company that has already cut timber harvests on its properties by more than 50%.
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Read more: TotalEnergies Invests $100 Million In Landmark U.S. Forest Carbon Offset Deal → | TotalEnergies Invests $100 Million In U.S. Forestry As Part Of Net Zero Push →