JPMorgan forestry purchase signals new push in carbon offset markets

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

Jun 22, 2021

∙ Paid

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…

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