MongaBay
Meta, the company that owns Facebook and Instagram, recently closed a deal to buy 1.3 million carbon removal credits from commercial tree plantations in Latin America, with an option for an additional 2.6 million credits through 2038. The agreement, called “one of the largest of its kind,” was struck with Latin America’s largest investment bank…
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Meta to buy 3.9 million carbon credits from controversial tree plantations
Larisa Pecora
15:04
Meta, the company that owns Facebook and Instagram, recently closed a deal to buy 1.3 million carbon removal credits from commercial tree plantations in Latin America, with an option for an additional 2.6 million credits through 2038. The agreement, called “one of the largest of its kind,” was struck with Latin America’s largest investment bank…
