Global miner BHP Billiton (BHP.AX) on Wednesday called for Australia’s Labor government to set out a clear price signal on carbon as it reviews its emissions trading proposal.
BHP Chief Executive Marius Kloppers said the company wants a predictable and gradual transition to a carbon price, and favours a combination of a carbon tax, land use actions and limited carbon trading.
“The need for a simple and effective system, a combination of a carbon tax, land use actions and limited trading system, for example for stationary electricity production only, is both easy to implement and effective,” Kloppers told the Australian British Chamber of Commerce.
