JPMorgan Asset Management adds $500M of southern timberland
Forest carbon deals tend to happen in regions where mills have closed and log prices have declined. The market for timberlands topped $5 billion last year.
Carbon 'offsets' for World Cup in Qatar, explained
Companies, governments and individuals buy offsets, or allowances, to reduce their carbon footprints. Allowances, credits and offsets all refer to the same thing.
Tesla CEO Elon Musk renews call for carbon tax
Tesla CEO Elon Musk renewed calls for a carbon tax Thursday, a suggestion he said was rejected by the Biden Administration because it was "politically difficult."
Dutch govt grants $2.4B in subsidies to huge carbon storage project
The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, the Port of Rotterdam said on Sunday.