Octopus Energy is expanding its climate strategy with a $500 million commitment to U.S. carbon removal projects. This includes a $13 million equity stake in Living Carbon to scale reforestation from 25,000 to 250,000 acres of degraded land. The investment comes during a period of volatility in the carbon credit market, following a slowdown in purchases by major buyers like Microsoft. Despite this, the move signals a shift toward treating nature-based carbon removal as a long-term institutional asset class.
