INDIAN ENERGY group Adani, best known for its controversial Alpha coal proposal, is negotiating to buy up to half a dozen cattle properties for carbon farms.
Adani announced this week plans for Australia’s biggest solar farm near Moranbah, and another in South Australia.
Adani has major solar projects as well as coal-fired power stations in India.
The next announcement may be about its investment in carbon farms.
These would provide offsets to its coal mine, which would be Australia’s biggest if it manages to get through a thicket of green group legal challenges.
However, in November it began talks with graziers with large holdings in the Clermont-Bowen-Mackay triangle.
Owners were visited a fortnight ago by Adani consultants from a Victorian eco developer. Follow-ups are about to start from Sydney consultants.
Graziers would be allowed to continue some cattle production, but would not be allowed any land clearing or agriculture, except tree plantations.
Most of the properties being negotiated have heavy timbered country.