Living Carbon

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Living Carbon is a public benefit company that turns degraded American land, former coal mines and abandoned farmland in particular, into working forests that sequester carbon and produce sustainable timber. Founded in 2019 by Maddie Hall (CEO) and Patrick Mellor (CTO), the company is based in Charleston, SC and runs reforestation projects across Appalachia and the Southeast, using satellite imagery and historical climate data to identify sites and select native species to replant. This launch marks the largest institutional commitment to the company so far. Octopus Energy Generation is putting $500 million into US afforestation and reforestation projects led by Living Carbon, and has invested an additional $13 million directly in the company . The capital will fund projects targeting up to 50 million tonnes of CO₂ removal over 40 years, roughly equivalent to New York City's annual greenhouse gas emissions . The deal lands as hyperscalers race to meet climate commitments tied to AI infrastructure buildouts, and Living Carbon already supplies credits to several of them. Google, Meta, and McKinsey, all part of the Symbiosis Coalition, have agreed to purchase 131,240 tonnes of carbon removal over 10 years from Living Carbon's Appalachian reforestation projects , alongside an existing 1.4 million tonne agreement with Microsoft. For founders and operators tracking nature-based carbon removal, this is one of the clearest signals yet that degraded land restoration has matured into a fundable, contracted asset class with real corporate offtake behind it.

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