The Australian
Carbon tax to push alumina refining to China, says Rusal
Edited by : AL CIRCLE
1 min read
THE Australian chairman of aluminium giant Rusal has bluntly urged Julia Gillard to suspend the introduction of the carbon tax in the absence of comparable international schemes, warning that it will push alumina refining to China and drive up global emissions.
John Hannagan told The Australian yesterday the carbon tax would cost Queensland Alumina Ltd, in which Rusal has a 20 per cent stake, about $20 million in the first year of the operation of the carbon tax. This would be the equivalent of forgoing about 150 jobs.
John Hannagan told The Australian yesterday the carbon tax would cost Queensland Alumina Ltd, in which Rusal has a 20 per cent stake, about $20 million in the first year of the operation of the carbon tax. This would be the equivalent of forgoing about 150 jobs.
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