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AAP
AAP
Environment
Poppy Johnston

Twiggy backs fossil fuel levy, slams nuclear 'bulldust'

Andrew Forrest wants a levy on fossil fuel producers and calls nuclear energy policies "bulldust". (Lukas Coch/AAP PHOTOS)

Billionaire mining magnate Andrew "Twiggy" Forrest has thrown his support behind a levy on fossil fuel companies and wants the industry to compensate Australians for the harm it is doing to the climate.

Speaking at the National Press Club on Monday, Dr Forrest also blasted nuclear energy - a technology the federal opposition has expressed interest in - and said the Labor government was in danger of missing its 43 per cent emissions reduction target by 2030.

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