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Carbon trading group weathers political storms

Posted on 30 October 2012

Policy uncertainty around the longevity of carbon-reduction policies hasn’t prevented carbon trading firm CO2 Group from notching its eighth consecutive year of growth. Net earnings for the year to September 30 more than tripled to $4.9 million from a year earlier, with sales surging 81 per cent to $64 million, the company reported.
Andrew Grant, CO2’s chief executive, said the company had diversified its operations to limit fall-out from policy changes, such as the federal opposition’s pledge to eliminate a price on carbon if it wins power………………………………………..Full Article: Source


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