James Murdoch’s brother-in-law has been quietly toiling the green credentials at his Australian agricultural properties, which has led to a $500,000 deal with tech giant Microsoft to help its mission to go carbon negative by 2030.
The deal, the single biggest trade of carbon credits by an Australian farming business, involves Microsoft buying carbon credits sold by Alasdair MacLeod’s Wilmot Cattle Company to the Regen Network, a US-based platform aiming to reverse climate change through encouraging carbon removal.
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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
