30.10.2012 - Carbon trading group weathers political storms
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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