UtiliTree Carbon Company
UtiliTree and PowerTree partnerships
Cleco joined 40 other in 1995 in an effort to create a portfolio of forestry projects that manage greenhouse gases, especially carbon dioxide. UtiliTree invested more than $2.5 million to fund eight projects in Louisiana, Arkansas, Mississippi, Oregon, Belize and Malaysia.
Those efforts continued in 2004 with the PowerTree partnership, a consortium of 25 power generators, with the intention of planting trees in critical habitats in the Lower Mississippi River Valley. Members have committed more than $3 million to establish six bottomland, hardwood reforestation projects in Louisiana, Mississippi and Arkansas.
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