Dreams turned to dust: How Rupert Murdoch's $30m investment in a carbon farm came undone

By Rory Callinan and Matthew Cranston
Updated June 28 2014 - 9:08am, first published 8:20am
An aerial view of Henbury, which was to be a carbon farm to offset News Corp's emissions. Photo: Parks Australia
An aerial view of Henbury, which was to be a carbon farm to offset News Corp's emissions. Photo: Parks Australia
Bruce Breaden, traditional owner, the then environment minister Tony Burke and RM Williams Agricultural Holdings managing director David Pearse at Henbury in 2011. Photo: Parks Australia
Bruce Breaden, traditional owner, the then environment minister Tony Burke and RM Williams Agricultural Holdings managing director David Pearse at Henbury in 2011. Photo: Parks Australia

On the line to the boadroom was Rupert Murdoch’s lawyer, checking on the $30 million shareholding put up by his boss's company. But the chief topic of discussion appeared to be about feral camels that could belch the investment into oblivion.

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