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Twiggy is still fiercely promoting the need and capability of industry coming off fossil fuels by 2040. He also highlights FMG committment to do so by 2030.There is also a hint that new more cost efficient Hydrogen production technology is close by. Probably referring to Sparc projectForrest says no reason world can’t stop burning fossil fuels by 2040, hints at hydrogen breakthrough[ATTACH=full]192223[/ATTACH]Andrew Forrest: Bloomberg TC.Giles ParkinsonJan 28, 2025Andrew Forrest People Policy & PlanningIron ore billionaire and green energy evangelist Andrew Forrest has made another major intervention into the global energy debate, insisting that there is no reason that the world cannot stop burning fossil fuels by 2040, even if detractors think the idea is “woke.”Forrest has already set a target of “real zero” emissions at his company’s iron ore operations for 2030, by which time he says it will not be burning any fossil fuels for mining, processing or land transport.Forrest is a major critic of “net zero” strategies allow carbon offsets or carbon capture and storage. Real zero, he says, involves the elimination of fossil fuels, and he wants the world to follow – and achieve it a decade earlier than current “net zero” targets.“If Fortescue can achieve real zero by 2030, there is no reason the rest of the world can’t follow by 2040,” Dr Forrest said in a statement marking his company endorsement of the so-called “Fossil Fuel Treaty” on the sidelines of the Davos World Economic Forum late last week.“The economics make sense and the technological solutions exist to phase out fossil fuels,” Forrest said.....“There is a new form of hydrogen, which will come onto the marketplace, which will be a lot cheaper,” he told Bloomberg. “We’re not yet in a position where I want to talk about it publicly.”[URL unfurl="true"]https://reneweconomy.com.au/forrest-says-no-reason-world-cant-stop-burning-fossil-fuels-by-2040-hints-at-hydrogen-breakthrough/[/URL]
Twiggy is still fiercely promoting the need and capability of industry coming off fossil fuels by 2040. He also highlights FMG committment to do so by 2030.
There is also a hint that new more cost efficient Hydrogen production technology is close by. Probably referring to Sparc project
[ATTACH=full]192223[/ATTACH]Andrew Forrest: Bloomberg TC.
Giles Parkinson
Jan 28, 2025
Andrew Forrest People Policy & Planning
Iron ore billionaire and green energy evangelist Andrew Forrest has made another major intervention into the global energy debate, insisting that there is no reason that the world cannot stop burning fossil fuels by 2040, even if detractors think the idea is “woke.”
Forrest has already set a target of “real zero” emissions at his company’s iron ore operations for 2030, by which time he says it will not be burning any fossil fuels for mining, processing or land transport.
Forrest is a major critic of “net zero” strategies allow carbon offsets or carbon capture and storage. Real zero, he says, involves the elimination of fossil fuels, and he wants the world to follow – and achieve it a decade earlier than current “net zero” targets.
“If Fortescue can achieve real zero by 2030, there is no reason the rest of the world can’t follow by 2040,” Dr Forrest said in a statement marking his company endorsement of the so-called “Fossil Fuel Treaty” on the sidelines of the Davos World Economic Forum late last week.
“The economics make sense and the technological solutions exist to phase out fossil fuels,” Forrest said.
....“There is a new form of hydrogen, which will come onto the marketplace, which will be a lot cheaper,” he told Bloomberg. “We’re not yet in a position where I want to talk about it publicly.”
[URL unfurl="true"]https://reneweconomy.com.au/forrest-says-no-reason-world-cant-stop-burning-fossil-fuels-by-2040-hints-at-hydrogen-breakthrough/[/URL]
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