Investment

Woodside's US$2.35bn gamble raises doubts

The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture.

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Read more: Australian Conservation Foundation,  Climate Energy Finance,  Jonathan Moylan,  Meg O'Neill,  OCI Clean Ammonia Holding,  S&P Global,  Tim Buckley,  Woodside Energy Group Ltd,  World Benchmarking Alliance