Article 6NKCW Andrew Forrest says Coalition’s abandonment of 2030 emissions target would ‘decimate’ economy

Andrew Forrest says Coalition’s abandonment of 2030 emissions target would ‘decimate’ economy

by
Paul Karp and Karen Middleton
from on (#6NKCW)

Mining magnate says investors need certainty as opposition's climate policy comes under increasing scrutiny

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.

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