JPMorgan's 60,000-Ton Carbon Bet That Fights Wildfires Too
JPMorgan just locked in 60,000 tons of carbon removal over a decade — but here's the twist: it turns forest waste into wildfire defenses. A savvy move in a policy vacuum.
⚡ Key Takeaways
- JPMorgan's 60,000-ton deal with Graphyte blends carbon removal with wildfire risk reduction via forest waste processing. 𝕏
- Co-benefits like jobs and safety are key sales pitches as federal policy stalls under Trump. 𝕏
- Banks may lead carbon markets, mirroring historical risk-hedging plays like 1930s conservation loans. 𝕏
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Originally reported by Axios Supply Chain