Australia better off with carbon tax, says oil giant
21 Aug 2009
Exxon Mobil, the world’s biggest publicly traded oil company, says a tax on carbon in Australia would be a better method to reduce greenhouse-gas emissions blamed for global warming.
“A carbon tax is more transparent to consumers, will achieve greater environmental benefits and is more difficult to manipulate than a cap-and-trade programme,” John Dashwood, chairman of Exxon’s Australian unit, said in Melbourne.
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