Carbon Credits

T. Rowe Price’s Oak Hill Makes $1.8 Billion Carbon Credit Purchase

Environmentalists better stop hugging and start knocking on wood. On Tuesday, Oak Hill Advisors, a subsidiary of $54-billion-asset-managing T. Rowe Price, led a group of investors to acquire 1.7 million acres of forestry for $1.8 billion in a bid to…

(Photo credit: Jiri Brozovsky/Flickr)
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