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Graziers from across the country are queuing to sell carbon sequestered in their soil under the new CarbonLink trading scheme launched in September

Posted by gmarkets on 8 October, 2007

Graziers from across the country are already queueing up to sell carbon sequestered in their soil under the new CarbonLink trading scheme, according to Queensland Country Life (27/9/2007, p. 13).CarbonLink to sell Carbon sequestered in soil: CarbonLink, which is chaired by RCS founder Terry McCosker, is one of just two firms accredited to aggregate large volumes of carbon for sale through Sydney’s new Finance and Energy Exchange (FEX), opened by former US vice-president and climate change campaigner Al Gore. But unlike its competitor, CarbonLink will be the first company offering to sell carbon sequestered in the soil via cell grazing techniques with initial returns estimated to be in the vicinity of $50/hectare/year.

Western Australia inquires: RCS chief executive Margaret Bridgeford said the firm has received enquiries from as far away as Western Australia from graziers seeking more information on CarbonLink, as well as from graziers already using cell grazing who want to have their soil carbon levels measured in order to begin trading as soon as possible.

Queensland Country Life, 27/9/2007, p. 13

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