FMG 2.63% $21.82 fortescue ltd

This is going to get interesting. The same companies that were...

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    This is going to get interesting. The same companies that were agitating for the abolition of the carbon tax are now finding out that they will need one to survive.

    “Reuters) - Australia's liquefied natural gas (LNG) sector is changing from an industry that was vociferously opposed to any form of carbon taxes or trading to one that views a price on emissions as vital to its future.

    The 180-degree change in attitude has happened rapidly and comes as the world's biggest producer of the super-chilled fuel grapples with how it's going to adapt to a carbon-constrained future, where it will likely have to achieve net-zero emissions in order to survive.”

    https://mobile.reuters.com/article/amp/idUSKCN2DU0SN?__twitter_impression=true

 
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