Australia risks losing its advantage in the green energy revolution if its leaders don’t promptly commit to cutting carbon emissions by 2050, the country’s richest man, Fortescue Metals Group founder Andrew Forrest told Reuters in an exclusive interview. Fortescue aims to build a 250 megawatt hydrogen electrolyser at Bell Bay in Tasmania – 25 times the size of the biggest existing electrolysers in the world – for less than A$1 billion ($740 million), Forrest said, putting a price on the project for the first time.
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