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In 2023, an Australian cattle station sold for $40 million for a carbon project; three years later...

Source: Times of India
Category: General
Region: Australia
Published: September 08, 2026 at 15:13

๐Ÿ“ Summary

After a disappointing turn of events, Benmara Station, a prominent cattle property in Australia, was sold for A$26 million, significantly lower than its original price of A$40 million. This decline resulted from the cancellation of an ambitious environmental project related to carbon farming, emphasizing traditional pastoral values instead of its former carbon potential as regulatory challenges mounted.

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million carbon cattle station sold project australian three years later

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