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Taxpayers give smelter credits worth $12m

Tuesday 25 Feb 20 11:00am

Tiwai Point smelter

TAXPAYER-FUNDED carbon credits were worth $12.1 million last year to Tiwai Point aluminium smelter operator Pacific Aluminium.

The company – 80 per cent owned by Rio Tinto – is sitting on $21.5 million worth of credits, according to results released yesterday.

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Related Topics: Carbon Credits | Emissions trading | Energy | ETS

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