Australian timber company launches biochar project to turn dead wood into cold cash

Published 08:40 on June 16, 2022  /  Last updated at 08:47 on June 16, 2022  /  Asia Pacific, Australia, International, Voluntary Market  /  No Comments

An Australian timber company plans to convert millions of fire-damaged trees into biochar, in what it claims will be one of the largest projects of its kind in the world, while earning around A$90 million ($62 mln) through the sales of carbon removal certificates (CRCs).

An Australian timber company plans to convert millions of fire-damaged trees into biochar, in what it claims will be one of the largest projects of its kind in the world, while earning around A$90 million ($62 mln) through the sales of carbon removal certificates (CRCs).

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