WY - Weyerhaeuser Ventures into Carbon Market with Landmark Sale of Forest Credits | Benzinga
Weyerhaeuser Co (NYSE: WY) penned a deal to sell around 32,000 forest carbon credits at $29 per credit.
The deal marks the company's first transaction in the voluntary carbon market and represents the sale of all credits issued by ACR for the first year of the company's Kibby Skinner Improved Forest Management (IFM) Project in Maine.
The company plans to retire these credits immediately on behalf ...