ASX-listed Carbon Conscious sells NZ assets to expand into dairying in WA

Tue, 01 Mar 2016

By Sophie Boot March 2 (BusinessDesk) - ASX-listed carbon emissions abatement firm Carbon Conscious has sold its New Zealand assets for $3.6 million, as it shifts its focus to dairying in Western Australia. The company has entered into an unconditional agreement for all its local assets, which includes freehold land, 800 hectares of pine plantations, forestry rights and carbon credits, it said in a statement. Carbon Conscious has used the forests it owns in Australia and New Zealand to generate carbon credits that are compliant with the K...

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