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AAP
AAP
Kat Wong

Abandoning emissions targets could 'decimate' economy

Andrew Forrest says Australia could be hit with carbon taxes if it drops emissions cuts for nuclear. (Lukas Coch/AAP PHOTOS)

Australia could be punished with a slew of carbon taxes if it abandons emissions reductions targets for nuclear power, mining magnate Andrew "Twiggy" Forrest has warned.

The opposition has spruiked a plan to scrap the government's 2030 target to reduce emissions by 43 per cent, and instead pin their sustainability hopes on nuclear power.

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