Andrew Forrest, founder of Fortescue, has seemingly downgraded his ambitious goal to transition to clean and green energy on two occasions.
The facts suggest that Forrest is exiting his plan to manufacture green energy machinery and equipment, resulting in significant job losses at his UK plant in Oxfordshire, with hundreds of employees set to be let go.
Could more economic forces be at play here?
This sudden change in direction raises questions about what prompted Forrest's decision and whether economic factors are to blame.
Author's summary: Forrest's green goals face economic scrutiny.