Well stuff me.
GE chairman praises 'gutsy' carbon tax Updated March 25, 2012 12:57:08
A top executive at one of the world's largest companies has praised the Australian Government for introducing a carbon tax.
GE's vice-chairman John Rice says there needs to be a cost associated with producing carbon, whether it is through a tax or a type of trading mechanism.
GE makes a range of products, including wind turbines.
He has told ABC TV's Inside Business it is not easy for governments to introduce such measures.
But he says it takes "gutsy politicians" to take the lead on introducing such costs.