BP snaps up majority stake in US forest offset firm Finite Carbon

Michael Holder
clock • 3 min read

Oil and gas giant ramps up investment in USA's largest carbon offset developer, as it increases focus on natural climate solutions in support of its net zero targets

BP has brought the America's largest developer of forest-based carbon offset projects into its stable, having snapped up a majority stake in Finite Carbon through its business accelerator Launchpad, the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

'Historic deal': Microsoft agrees landmark biochar purchase to remove over 1.2 million tonnes of CO2

'Historic deal': Microsoft agrees landmark biochar purchase to remove over 1.2 million tonnes of CO2

Tech giant inks long-term offtake agreement with Exomad Green to remove more than a million tonnes of CO2 over a decade

Stuart Stone
clock 22 May 2025 • 6 min read
Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

US tech giant inks yet another carbon removal credits deal, this time with firm which removes and permanently stores CO2 from pulp and paper mills

clock 11 April 2025 • 3 min read
Amazon launches carbon credit service

Amazon launches carbon credit service

Retail and tech giant to offer suppliers, business customers, and Climate Pledge signatories access to science-based carbon credits

Stuart Stone
clock 20 March 2025 • 4 min read