Andrew Forrest says Coalition’s abandonment of 2030 emissions target would ‘decimate’ economy
Mining magnate says investors need certainty as opposition’s climate policy comes under increasing scrutinyFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe mining magnate Andrew Forrest has warned that the federal Coalition’s proposed abandonment of the 2030 emissions reduction target would hit Australian exports with penalty carbon taxes.On Tuesday the Fortescue boss warned that relying on the introduction of nuclear power in at least 15 years’ time while opposing large-scale renewables and abandoning interim targets would cripple investment certainty.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
Mining magnate says investors need certainty as opposition’s climate policy comes under increasing scrutiny
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The mining magnate Andrew Forrest has warned that the federal Coalition’s proposed abandonment of the 2030 emissions reduction target would hit Australian exports with penalty carbon taxes.
On Tuesday the Fortescue boss warned that relying on the introduction of nuclear power in at least 15 years’ time while opposing large-scale renewables and abandoning interim targets would cripple investment certainty.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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