Tuesday, September 28, 2010

Isra-Mart srl : Reluctant Forrest backs price on carbon

www.isra-mart.com

Isra-Mart srl news:

THE mining magnate Andrew Forrest has grudgingly declared his support for a carbon tax, becoming the latest business leader to concede a price on polluting is inevitable as governments try to slash emissions.

But in contrast to calls for quick action from the head of BHP Billiton, Marius Kloppers, Mr Forrest urged Canberra to consider other options before introducing a price on carbon.

Mr Forrest, the billionaire chief executive of Fortescue Metals, also said Mr Kloppers's move was self-serving. He said Mr Kloppers was a ''very clever politician''.