Asia Pacific > Korean bank threatens to pull Santos’ Barossa LNG funding if emissions not cut or offset

Korean bank threatens to pull Santos’ Barossa LNG funding if emissions not cut or offset

Published 09:50 on September 29, 2022  /  Last updated at 10:13 on September 29, 2022  / Mark Tilly /  Asia Pacific, Australia, South Korea

A South Korean investment bank says it will pull its funding from Santos’ Barossa gas project, unless the project commits to CCS or buys millions of Australian Carbon Credit Units (ACCUs) to offset the project’s emissions.
A South Korean investment bank says it will pull its funding from Santos’ Barossa gas project, unless the project commits to CCS or buys millions of Australian Carbon Credit Units (ACCUs) to offset the project’s emissions.


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