World's Largest Mining Group Calls for Carbon Tax in Australia

Marius Kloppers, the chief executive of BHP Billiton, warned that the Australian economy would suffer significantly if the country did not implement a carbon tax before the international community imposed one. "Failure to do so will place us at a competitive disadvantage in a future where carbon is priced globally," he told a lunch in Sydney yesterday (THURS).

Mr Kloppers said Australia, which is the largest emitter of carbon dioxide per person in the world, needed to "look beyond coal" for alternative sources of energy before the introduction of a global price on carbon.'

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