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7 things to know about carbon removal markets

7 things to know about carbon removal markets
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Historic US wildfires threaten net-zero targets as carbon offset woodland is wiped out

US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn

US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn At least two forestry projects used by businesses including BP and Microsoft to compensate for their greenhouse gas emissions are burning in Oregon and Washington. By Camilla Hodgson, Financial Times August 4, 2021 Fires smolder and burn in the mountains west of Paisley, Oregon. Credit: Maranie Staab/Bloomberg via Getty Images Related Share this article Forests in the United States that generate the carbon offsets bought by companies including BP and Microsoft are on fire as summer blazes rage in North America. Corporate net-zero emission pledges rely on such projects to compensate for the carbon dioxide generated by companies that are unable to make sufficient cuts to their actual emissions.

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