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$20.47 fortescue ltd

Hi Kerr,Listen to this from approximately the 32 min mark...

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TonyIndo

11,360 Posts.

1468

04/12/23

07:33

Post #: 71247365
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Originally posted by KerrAvon: ↑

I appreciate some of what he says, but from my perspective he is also engaging in greenwashing. The terrible consequences of climate change he outlines have come in no small part from the burning of coal to melt down the iron ore he produces. So if he really cared about the additional deaths from heat stress he wouldn't be selling iron ore. The clear imperative emerging from the science is that fossil fuel burning needs to stop now. It is not enough for it to stop when China decides it has enough of an economic advantage and can wind back the coal-fired steel production and all the rest. (2060 if I recall correctly from China's farcical emissions targets). Also the technologies Andrew Forrest is touting are all future technologies, so they clearly fail to meet the demands of what the science is telling us, because they are not ready now. In fact the only way he can build all that renewable capacity is to burn coal, gas and oil.

So what you have to do to be a greenwasher is to conspicuously ignore the myriad ways you are contributing to emissions, and loudly trumpet the CGI videos you have made about things that you plan to do in the future if everything works out OK.

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Hi Kerr,

Listen to this from approximately the 32 min mark onwards...

Tony

FMG Price at posting: $25.20 Sentiment: None Disclosure: Held
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(20min delay)
Last $20.47		Change 0.450(2.25%)		Mkt cap ! $63.02B

Open	High	Low	Value	Volume
$19.90	$20.64	$19.90	$227.3M	11.13M

Buyers (Bids)

No.	Vol.	Price($)
3	2983	$20.45

Sellers (Offers)

Price($)	Vol.	No.
$20.50	2160	2

View Market Depth

No.	Vol.	Price($)
3	2983	20.450
5	19853	20.420
1	73024	20.410
2	5010	20.400
1	56560	20.390

Price($)	Vol.	No.
20.500	2160	2
20.520	3736	3
20.550	2006	2
20.580	1500	1
20.590	11812	6

Last trade - 16.10pm 15/10/2024 (20 minute delay)

FMG (ASX) Chart

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