Times of IndiaLean R·
$40m cattle station resells for $26m after planned carbon project falls through
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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