Li Ka-shing companies in deal to store 1 million tonnes of carbon dioxide in Australia

Quick Summary:

The agricultural property in Australia is three times the size of Hong Kong.

Australia offers high-quality sequestration projects, operates an established regulatory system and has a growing market for carbon credits, the group said in a statement.

In the future, more regenerative agriculture projects will be pursued, he added.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong KongAustralia

Topics: Regenerative Companies Australia Agricultural Carbon Sciences Life Hutchison Agriculture Sequestration Rights

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 12:16:25 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 259 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23345156

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