Yes Will, making use of existing saves on carbon associated with new builds. This should also result in substantial cost savings when carbon price is introduced, as surely it must be.
I read that Lendlease estimated that a price of between AUD$50-100 per tonne of carbon would have resulted in EC liability of between AUD$15.30 - 30.6 million for its new International Towers project at Barangaroo Sydney.
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