Millions of dollars and hectares of land will be dedicated to the new project which aims to generate saleable carbon credits.
The new law will enable income generation for businesses engaged in carbon removal and farmers who apply carbon farming, the EU says.
Indigenous organisation Kullilli Bulloo River Aboriginal Corporation will meet two goals with the purchase of this outback station.
Millions of dollars and hectares of land will be dedicated to the new project which aims to generate saleable carbon credits.
The new law will enable income generation for businesses engaged in carbon removal and farmers who apply carbon farming, the EU says.
Indigenous organisation Kullilli Bulloo River Aboriginal Corporation will meet two goals with the purchase of this outback station.