Octopus Commits $500M to Living Carbon Reforestation as Google, Meta, and McKinsey Buy Carbon Credits From Appalachian Mine Sites

Octopus commits $500M to Living Carbon reforestation as Google, Meta, and McKinsey buy carbon credits from Appalachian mine sites

Octopus Energy puts $500M into Living Carbon to plant trees on degraded US land. Google, Meta, and McKinsey buy 131,240 tonnes of carbon credits. The irony runs deep.

Octopus Invests $500 Million in U.S. Reforestation-Based Carbon Removal Projects

Nature-based solutions company Living Carbon and renewable energy investor Octopus Energy Generation announced a new agreement today to remove up to 50 million tons of carbon dioxide from the atmosphere through reforestation projects on degraded land in the U.S. Under the new agreement, Octopus’s fund management team is set to invest $500 million into afforestation and reforestation projects in the U.S. developed by Living Carbon, and will also …

Octopus Energy Generation to invest $500 million to remove polluting CO₂ from the atmosphere

Octopus Energy Generation, one of Europe’s leading renewables investors, is ramping up efforts to slash CO₂ pollution at scale – inking a major US deal that will help remove up to 50 million tonnes of carbon dioxide from the air

Octopus commits $500M to Living Carbon as Google, Meta and McKinsey buy the carbon credits

Octopus Energy Generation, one of Europe’s largest renewable energy investors, is putting $500 million in afforestation and reforestation projects in the US, led by Living Carbon, a San Francisco public benefit company that turns degraded land into carbon-absorbing forests. Octopus has also invested $13 million directly in Living Carbon. These deals represent the largest institutional investment in Living Carbon to date and help Octopus move clo…