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Interest in carbon forests creates rush

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Publication Date: 
February 8, 2012
News Source: 
Eco-Business

Landholders spiralling interest in carbon forests has resulted in CO2 Australia investing an estimated $23.3 million in rural economies during 2011 and partnering with more than 300 farming families.
 
CO2 Australia land acquisition manager Mark Ritchie told The Fifth Estate the organisation secured revenue of $35 million for the financial year 2011 and manages a contract portfolio exceeding $160 million.
 
It expects a significant increase in interest by companies looking to manage their carbon liability.
 
It has 33 full time staff and has jobs in rural areas for contractors engaged in site preparation, planting and monitoring phases of the program.

Read the full story from Eco-Business here

 

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