Mining magnate says investors need ‘certainty of what government policies are’ as Coalition climate policy comes under increasing scrutiny
Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Mining magnate Andrew Forrest has warned the federal Coalition’s proposed abandonment of the 2030 emissions reduction target would hit Australian exports with penalty carbon taxes.
On Monday 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.
Continue reading…Mining magnate says investors need ‘certainty of what government policies are’ as Coalition 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 podcastMining magnate Andrew Forrest has warned the federal Coalition’s proposed abandonment of the 2030 emissions reduction target would hit Australian exports with penalty carbon taxes.On Monday 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…