By Kate Galbraith – Sourced From
Goldman Sachs has recently bought pieces of two carbon-offset companies, in the latest sign of investment banks interest in the area. On Monday E+Co, a company focused on bringing clean power to developing countries, announced that Goldman had purchased a majority of its carbon-offsets portfolio.
In late October, Goldman took a minority stake in BlueSource, which is more focused on the tiny U.S. offsets market, and plans to market BlueSource offsets to clients. Last December, Goldman also invested in APX, a California company that registers carbon offsets.
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