Climate Economy

Australia’s richest industrialist says fossil fuels are dead

Mining tycoon Twiggy Forrest says green hydrogen is the fuel of the future. It’s time to listen. You know times have changed when a mining magnate — in this case Australia’s iron ore king Andrew “Twiggy” Forrest — is talking up renewable energy. After confessing that his company, Fortescue Metals, generates over two million metric tons of greenhouse gas a year — “more than the emissions of Bhutan” — Forrest told Australian businesses in January that the answer isn’t to stop mining iron ore but to produce green iron ore…

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