Element buys stake in Canadian carbon aggregator
Element Markets has invested an undisclosed amount in Agri-Trend Aggregation (ATAI), a member of the Agri-Trend Group of Companies based in Alberta, Canada.
ATAI is a carbon credit aggregator focused on the agriculture market. It hopes to use the deal to expand its operations throughout Alberta, Saskatchewan and other Canadian provinces. Terms of the deal were not disclosed.
ATAI works with farmers in Alberta using a tillage protocol that documents carbon sequestration in soils through advanced farm-management practices. Organisations purchasing carbon offsets from ATAI generally come from the fertiliser, oil and gas, chemicals and cement industries
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