Of the choice between West Coast Olefins and Fortescue, I thought Fortescue was the less grifty of the two by several orders of magnitude. I think they are actively planning to "green up" their mining ops in Australia (where the billionaire made his money) to be 'fossil fuel free', which is an interesting prospect. However, he's funding it, and his solar and wind investments, through all the $$$ he makes in mining iron ore. And ore prices have plunged, and he is pulling back from hydrogen for now.
This is a good Aussie article from July, about the Andrew Forrest and company and the challenges:
Of the choice between West Coast Olefins and Fortescue, I thought Fortescue was the less grifty of the two by several orders of magnitude. I think they are actively planning to "green up" their mining ops in Australia (where the billionaire made his money) to be 'fossil fuel free', which is an interesting prospect. However, he's funding it, and his solar and wind investments, through all the $$$ he makes in mining iron ore. And ore prices have plunged, and he is pulling back from hydrogen for now.
This is a good Aussie article from July, about the Andrew Forrest and company and the challenges:
https://www.abc.net.au/news/2024-07-21/green-hydrogen-forrest-fortescue/104120492
PS: I can't believe Allan Lund made an appearance on your Substack. LOL