Business
FMG’s Twiggy Forrest dreams big, with a slap at Tesla too – The Australian Financial Review
Andrew Forrest’s bold plan for Fortescue to pursue green hydrogen and green steel making could represent a long-term shift for the positioning of the miner.
The essence of Forrests bold vision is this.
The world will be toast if it waits to move to net zero emissions by 2050, and so must harness renewable sources of power much faster than planned.
While the world is throwing billions at renewable energy sources Fortescue is part of this, with its plans to generate 235 gigawatts of wind and solar power Forrest argues the biggest opportunity lies in green hydrogen.
This is hydrogen made using renewable energy sources, including hydroelectricity and geothermal…
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