Mining giant Fortescue says the big oil gets an error in renewable energy

Australian Mining Tycoon Andrew Forrest, Founder and Executive Chair FortuSays large oil recovery in the renewable energy – at a time with the European energy specialty Double the fossil fuels The near-term shareholder returns.

Britain Bp and the Norwegian Block Recently, the updated costs explained the plans to slide in favor of oil and gas. Listed in London BarkAt the same time, green investment plans have also expanded.

As a US Oil Specialty Exxon Mobile and BarIn recent years, their European opponents, who preferred their European rivals, usually called the passage of passage Carbon capture and storage and hydrogenNot for renewable technologies such as wind and sun.

“I have always found that the customer is always right, so why are we restored and moving away from oil and gas, because we do not want energy, because you do not want energy every day. “This is my job and this is the case of the case,” Forrest told CNBC “Squawk Box Europe“Monday.

“Your data centers are able to overlap all Europe and receive green energy. Total‘s argument,’ Well, only do customers want. ‘In fact, you are not. Your customers want green energy, “Forrest said.

“Well, if (the) does not want to give green energy from oil and gas (industry), what, Fortescue will,” he said.

Fortescue, the world’s fourth largest iron ore miner TRUE PLANS By the end of the decade, Australia called on the fossil fossil fossil fossils along the iron ore operations and watching the suit of other hard companies.

Representatives in Exxon Mobile and Tashabes were not immediately available to comment immediately when contacting CNBC on Monday.

Exxon Mobile last year gossip Despite the efforts of fossil fuel from oil and gas, in 2050 expect more than half of the world’s energy mixture. Meanwhile, in the meantime, between European peers, there was something that something that continues to continue low carbonic technologies continuously “Too much energy“Offer.

Lindsey Stewart, Morningstar’s Morningstar’s investment management and policy director of investment management and politics, Monday, energy supermaijing shareholders, they decided to have the king at least in the short term, he said.

“In recent years, in the form of dividents, they want to be distributed to continuous cash flow and shares and for longer energy transition purposes, Stewart Stewart reportedly informed the CNBC via E-mail.

“Some European companies, BP and especially in some European companies responded to the reduction of investments in favor of intensive renewable projects in favor of the opening of cash from fossil.

He asked how the US corporations feel the trend retreat On the goals of the environment, social and management (ESG), Fortescue’s Forrest, these decisions are a push of these decisions that push these decisions to prioritize their performance bonuses on future successes.

“Kimotu is very short thinking to withdraw their goals, because it doesn’t listen to whoever he does not listen, and not the strongest in the White House, and not the climate is more than the climate.

“I’m not against all conversations’Drilling, baby, boring. ‘This is what you want to make a change in 20 years. But if you want to make a change in 20 weeks or 20 months, the renewable energy and where we go will make this difference, “he said.

Forrest, on Monday, said that this figure was represented by the annual fossil fuel costs in the present term, passing on green energy, green energy, he intends to save $ 1.2 billion a year.

These deposits will “help us serve us and serve others for generations,” Forrest will then be used to create new and more effective sustainable technologies to support other enterprises.

Fortescue’s Forrest called to go to politicians before “proven fantasy“Take the net zero waste and instead of 2050 to 2050, instead of 2050.

There are scientists many times To stop the global medium temperature, the greenhouse gas was pushed to reduce waste. These calls continued with an exciting run of temperature records with the planet registration The hottest year in human history in 2024.

Excessive temperature fueled Head drive with a climate crisis The burning of fossil fuel.