17/09/2008 - 13:20

CO2 Group, Eraring sign 30-yr deal

17/09/2008 - 13:20

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Carbon sequestrian company CO2 Group Ltd has extended its contract with New South Wales government owned Eraring Energy, one of Australia's largest electricity generation companies.

CO2 Group, Eraring sign 30-yr deal

Carbon sequestrian company CO2 Group Ltd has extended its contract with New South Wales government owned Eraring Energy, one of Australia's largest electricity generation companies.

Under the contract, CO2 will continue to design, establish and manage the new mallee eucalypt plantings for the purpose of offsetting greenhouse gas emissions.

The new deal expands on the previous contract with Eraring with CO2 having successfully completed plants for Eraring in NSW in the 2006 to 2008 planting seasons.

CO2 will also accredit planting under the NSW Greenhouse Gas Abatement Scheme and will seek accreditation into the Federal Carbon Pollution Reduction Scheme.

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