Top businessman bags carbon trading scheme
1 May 2009
One of Australia’s most respected businessmen has made a blistering attack on the Rudd Government's proposed carbon pollution reduction scheme, saying it would cost jobs and probably increase global emissions.
"The Australian economy will survive the economic downturn but it may not survive the emissions trading system," Graham Kraehe, chairman of BlueScope Steel, told a Courier-Mail-sponsored Australian Institute of Company Directors function.
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