Marubeni and Cargill Agree to Develop Emissions-Offset Projects

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Marubeni Corp., Japan’s fourth-largest trading company, signed an agreement with Cargill Inc. to develop projects to reduce greenhouse gas emissions, the company said in a statement today on its website.

Marubeni and Minneapolis-based Cargill, a food and agriculture company, will develop renewable energy, forestry, and biomass projects in developing countries to generate carbon offset credits, Marubeni said.