Reuters reports Fortescue's Forrest says Australia must commit to carbon cuts to keep green energy advantage - Reuters News Agency
Business & FinanceEnergyEnvironment

Reuters reports Fortescue’s Forrest says Australia must commit to carbon cuts to keep green energy advantage

Australia risks losing its advantage in the green energy revolution if its leaders don’t promptly commit to cutting carbon emissions by 2050, the country’s richest man, Fortescue Metals Group founder Andrew Forrest told Reuters in an exclusive interview. Fortescue aims to build a 250 megawatt hydrogen electrolyser at Bell Bay in Tasmania – 25 times the size of the biggest existing electrolysers in the world – for less than A$1 billion ($740 million), Forrest said, putting a price on the project for the first time. 

Article Tags
Topics of Interest: Business & FinanceEnergyEnvironment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Oceania
Countries: Australia
Win Types: Exclusivity
Story Types: Special Report / Insight
Media Types: Text
Customer Impact: Important Regional Story
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