EEG 4.76% 20.0¢ empire energy group limited

Our keystone shareholder Macquarie holds over 10% and provides...

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    Our keystone shareholder Macquarie holds over 10% and provides us with a substantial undrawn line of credit. This year Macquarie's Commodities Division made $6billion profit mostly trading oil and gas.

    As Shemara Wikramanayake said...“We need massive investment in renewables if we’re to address the climate change issue. But we can’t overnight shut off all the sources of conventional energy or transport or agricultural, everything we have,”

    “Our view has always been that it has to be an orderly transition. And we are going to need particularly gas as a potential transition fuel as we move from fossil fuels to renewable energy”.
 
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