It has been so fulfilling to be able to back Living Carbon and see them reforest huge swaths of the country. They're on track to absorb roughly the equivalent of San Francisco's annual emissions!
1/ @OctopusEnergy is backing Living Carbon with $500M to reforest degraded land and remove CO₂ across North America. This major project financing comes with an additional ~$13M investment in our carbon business.View quoted post on X
Living Carbon is putting low quality land back to work. Our innovative reforestation turns low quality land into thriving forests faster to remove carbon or produce sustainable forest products.
Read more about it in today’s @WSJ (link in the comments) →