Environment

BP backs effort to expand forest carbon offsets

Partnership with US firm Finite Carbon could help smaller landowners generate revenue by conserving trees — and help big energy companies make progress on net emissions targets

Reserves: A carbon project in southern Alaska, US, supported by Finite Carbon. BP has acquired a majority stake in the forest carbon offset developer.
Reserves: A carbon project in southern Alaska, US, supported by Finite Carbon. BP has acquired a majority stake in the forest carbon offset developer.Photo: BP
  • Russell McCulley
London
North AmericaWestern Europe
Published 16 December 2020, 07:05Updated 4 January 2021, 15:11