Business
AGL gets black marks on pay, coal power – The Australian Financial Review
Giant investment manager BlackRock sided with activist shareholders in a motion to hasten AGL’s exit from coal power, while the board registered a “strike” over…
The virtual annual meeting was also marked by persistent questioning by shareholders of AGL’s dogged pursuit of its Crib Point LNG import project in Victoria. Numerous shareholders called on chairman Graeme Hunt to justify how AGL could continue to push on with the contentious project given risks to rare and diverse wetlands, local tourism, water and air as well as widespread local opposition that show they argued the project lacks a social licence.
Mr Hunt sidestepped them by saying environmen…
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