De Lacy on the Carbon Tax

“Kei­th De Lacy, chair­man of takeover tar­get Macarthur Coal, said yes­ter­day the absence of a viable alter­na­tive to coal to fuel Asia’s eco­nom­ic growth would main­tain high prices world­wide and pro­tect min­ers against the lat­est “attack” by the Labor gov­ern­ment on the indus­try.” Extract from The Aus­tralian

Read the rest of the inter­view. De Lacy, the for­mer Trea­sur­er of Queens­land, makes good sense.