Washington: Australian mining billionaire Andrew “Twiggy” Forrest sharply criticised US President Donald Trump’s “gobsmackingly illogical” energy policies and accused him of kowtowing to oil and gas donors, as he arrived in New York for a major United Nations summit.
Forrest and his Fortescue Metals Group support a net zero emissions regime for global shipping , which stands to be formally adopted next month by the International Maritime Organisation. It would introduce a carbon price and mandate the use of green fuels in an industry responsible for 3 per cent of global emissions.
But the Trump administration is vehemently opposed to the framework, describing it as a “global carbon tax on Americans” , and has threatened to hit countries that support it with tariffs, visa restr