Green Markets

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Bunnings announces funding available for carbon offset initiatives; $1.6m for initial two year period

Posted by gmarkets on 2 October, 2007

Bunnings was committed to becoming carbon neutral by 2015 or earlier, according to a notice in The Sydney Morning Herald (29/5/2007, p.13).

How to do it: To achieve this it would do the following:

• improve energy efficiency;

• fund research aimed at reducing its reliance on grid sourced electricity; and

• offset residual greenhouse emissions.

Bunnings seeks projects: As part of this strategy, Bunnings was seeking to fund projects domiciled in Australia and New Zealand that created credible carbon offsets that would help reduce the size of its carbon footprint.

$1.6m fund available: Funding of up to $1.6 million was available for an initial two year period, with options to extend funding further. Funding applications needed to have been received by 31 July 2007.

More info: For more information please forward enquiries to dbeards@bunnings.com.au or go to http:/ http://www.bunnings.com.au.

The Sydney Morning Herald, 29/5/2007, p.13

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