Asia Pacific > Australian gas giant bets on CBAM giving new green ammonia plant price advantage

Australian gas giant bets on CBAM giving new green ammonia plant price advantage

Published 17:51 on August 5, 2024  /  Last updated at 17:51 on August 5, 2024  / /  Asia Pacific, Australia, Carbon Taxes, CBAM, EMEA

Australia’s Woodside Energy has made a surprise $2 billion investment in a Texan clean ammonia plant, hoping the EU's Carbon Border Adjustment Mechanism (CBAM) and contracts-for-difference schemes in Asia will help it command a premium on the market.
Australia’s Woodside Energy has made a surprise $2 billion investment in a Texan clean ammonia plant, hoping the EU's Carbon Border Adjustment Mechanism (CBAM) and contracts-for-difference schemes in Asia will help it command a premium on the market.


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