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US giant quits NT cattle station amid carbon confusion

Nick Lenaghan

A global commodities trader and carbon player, part-owned by funds giant Brookfield, is quitting a 450,000-hectare Northern Territory cattle station where it hoped to set up an offset scheme, amid confusion and delays over new carbon rules.

Hartree, an energy and commodities trader that also runs a portfolio of energy-related assets and carbon offsets, has put up for grabs the Benmara cattle station in the Barkly Tablelands region, 100 kilometres west of the Queensland border. It could fetch around $40 million.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/property/commercial/us-giant-quits-nt-cattle-station-amid-carbon-confusion-20250314-p5ljoo