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The Guardian - AU
The Guardian - AU
Environment
Graham Readfearn

Andrew Forrest says net zero is ‘fantasy’ so his goal is ‘real zero’. What does he mean – and can he achieve it?

Andrew Forrest Andrew Twiggy Forrest Simon Nicholas iron ore Mining
Andrew Forrest
‘Could Andrew Forrest’s Fortescue really decarbonise a business that’s part of a global steelmaking industry responsible for about 9% of global CO2 emissions?’ Photograph: Lukas Coch/EPA

About $45tn of global business revenue is covered by corporate “net zero emissions” pledges but the iron ore billionaire Andrew “Twiggy” Forrest thinks the whole net zero thing is “fantasy”.

“Now is the time to walk away from net zero 2050, that hasn’t been anything really but a con to maintain fossil fuels,” Forrest said last week.

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