Policy & Regulation

Woodside’s CEO in favour of a global carbon price

A global carbon price would be the best way to transition to a lower-carbon society and reduce the impact of climate change, Woodside Petroleum Chief Executive Peter Coleman has said
By Staff reporter 19 November 2018 0 33357

A global carbon price would be the best way to transition to a lower-carbon society and reduce the impact of climate change, Woodside Petroleum Chief Executive Peter Coleman said in an opinion piece in The Sydney Morning Herald on Friday.

Coleman acknowledged that Woodside would benefit from increased demand for cleaner-burning gas created by a global carbon price but added he also supported the policy because “prudence dictates that we think about what contribution we can make, individually and collectively,...