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https://reneweconomy.com.au/you-cannot-put-the-genie-back-in-the-bottle-forrest-says-world-energy-markets-have-changed-forever/>
"At a time when words can seem cheap and rhetoric empty – and when we must
remind ourselves that there are myriad infinitely worse consequences of the
current Middle East conflicts than the cost-of-living ripples from global oil
shocks – it is easy to become cynical.
So when someone pipes up who has consistently put their money where their mouth
is on decarbonisation – and who continues to invest with optimism and good
faith in solutions to break industry’s dependence on fossil fuels – it’s worth
a listen.
“World energy markets have changed forever – you cannot put the genie back in
the bottle,” Fortescue chair and “real zero” seeker Andrew Forrest said on
LinkedIn on Friday.
“Fossil fuels carry volatility, political cost and risk for mums and dads
relying on it. If you are not energy secure, you do not have a free country,
you do not have an independent company.
“Australia can remain exposed, or we can rapidly decarbonise and move to a
renewable energy system that is secure, predictable and lower cost, and the
best part – it’s Australian – made right here.
“The technology is already here, Fortescue is proving it. The only question is
how quickly we all choose to deploy it.”
Forrest is investing billions to prove that point, building multiple gigawatts
of wind, solar, and battery storage, and transmission lines, to provide the
renewable energy and firm supply to completely decarbonise his giant Pilbara
iron ore mines – by 2030, in just four years.
In a recent media tour, Fortescue executives suggested the goal of eliminating
fossil fuel use at the mines might even be achieved earlier, and at lower cost.
And given the surge in diesel costs, probably with greater savings."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
