BCA member criticises climate modelling commissioned by lobby group that ‘underplays’ economic opportunities and does not factor in cost of inaction
Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here
Get our breaking news email, free app or daily news podcast
A fight over climate policy has broken out within a major Australian business lobby, with mining billionaire Andrew Forrest’s Fortescue sharply criticising the Business Council of Australia over its modelling of the costs of making emissions cuts.
A report released by the business council on Friday claimed Australia would need up to $530bn in capital investment and to potentially curb coal and gas exports to achieve a 2035 emissions target of 70% or more.
Sign up to get climate and environment editor Adam Morton’s Clear Air column as a free newsletter
Continue reading...
