JPMorgan forestry purchase signals new push in carbon offset markets

Plus, floating turbines set to take off as offshore wind power expands

Jun 22

Floating wind turbines use chains to anchor to the sea floor up to a half a mile deep. Illustration: Joshua Bauer/National Renewable Energy Laboratory.

. . . . JPMorgan Chase & Co. (JPM) threw its weight behind the growing market for carbon offsets Tuesday as it announced the purchase of Campbell Global, a large investor in forests and timberland. The pu…

JPMorgan forestry purchase signals new push in carbon offset markets

Plus, floating turbines set to take off as offshore wind power expands

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