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Australia issues 6.37 million CO2 units

BEIJING, Sept 27 (Reuters Point Carbon) - Australia on Thursday issued 6.37 million free carbon units to companies seeking compensation from the country's CO2 pricing mechanisms, the government said, the first ever emission rights to be issued under Australia's carbon scheme.

BEIJING, Sept 27 (Reuters Point Carbon) - Australia on Thursday issued 6.37 million free carbon units to companies seeking compensation from the country's CO2 pricing mechanisms, the government said, the first ever emission rights to be issued under Australia's carbon scheme.

The units were issued via Australia's emissions unit registry to alumina refiner Alcoa and ammonia and ammonium nitrate producer Queensland Nitrates, said the Clean Energy Regulator, the government body administering the scheme.

Alcoa got just over 5.9 million of the units.

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