Andrew Forrest, Chairman of Fortescue Metals Group, has voiced his support for Anthony Albanese’s re-election as a win for Australia’s green energy ambitions. Forrest emphasized that the election result demonstrates Australians’ support for policies addressing climate change and the economic opportunities it presents. He highlighted the need for any governing party to have a credible plan to tackle the climate crisis.
Forrest specifically lauded the government’s commitments, including the ‘Future Made in Australia’ plan, the Capacity Investment Scheme, the Hydrogen Production Tax Incentive, and the Green Iron Fund, as forming a solid base for a green energy future. He urged the government to prioritize the development of a green iron industry, envisioning it as potentially the largest industry ever built in Australia, starting in the Pilbara region. The Clean Energy Council echoed Forrest’s sentiment, viewing the election outcome as a vote of confidence in Australia’s clean energy future, anticipating continued investments in renewable energy projects.
