Australian Carbon Credit Fund: BHP, Rio Tinto, Qantas to Invest $53 million

Australian Carbon Credit Fund: BHP, Rio Tinto, Qantas to Invest $53 million

According to announcements released Monday by the fund and the companies, BHP, Rio Tinto, and Qantas will contribute a combined A$80 million ($52.7 million) as early-stage investors in an Australian carbon credits fund that seeks to finance land restoration initiatives. Australian Carbon Credit Units (ACCUs) from reforestation programs will be generated and managed by Silva … Read more