Mining magnate and former CEO of Fortescue Metals, Andrew Forrest, believes an overreliance on fossil fuels is to blame for Australia’s record-high energy prices.
In an interview with 2GB’s radio last week, Forrest declared that to combat high levels of inflation, Australia must swiftly transition to what he believes to be the cheapest form of energy available.
“The reason why we’ve got high energy prices and unreliable energy is because we’re relying on coal. The cheapest form of energy on the planet by a mile is renewable energy,” he said.
“If we rely on coal, it’s going to become savagely imperfect. Crossing over at speed being done through responsible people who are deep and heavy industrialists who have done this before and who want to employ tens of thousands of people is the responsible attitude to deliver the cheapest, most reliable form of energy the world has ever had.”…