Weekend read: Shining magnate
Mining magnate Andrew “Twiggy” Forrest is the founder and executive chair of Australian iron ore producer Fortescue Metals Group. The company has announced an ambitious $6.2 billion decarbonization strategy and its Fortescue Future Industries subsidiary has rapidly become a global player in green hydrogen, along with a host of other energy transition technologies. Whether it is pushing to decarbonize mining, hashing out headline-making green energy deals, or using the popular “Rick and Morty” cartoon to educate people about the potential of green hydrogen, Fortescue and its shining magnate are talking the talk. But can they walk the walk? Blake Matich reports.
Could Covid-19 be the catalyst for change where the COP process has stalled?
While the world’s climate negotiators dither, the post Covid-19 world could see their efforts overtaken – but only if policymakers are bold enough to take the opportunity to offer truly green fiscal stimulus packages to get us through the crisis. Felicia Jackson, from the center for sustainable finance of the School of Oriental and African Studies at the University of London, gives her thoughts here.
