Australia

Andrew Forrest ‘riding two horses at the same time’ with green energy push

Mining magnate Andrew ‘Twiggy’ Forrest has blamed the revolving door of senior executives at his company Fortescue on the transition to renewable energy.

“Twiggy’s really riding two horses at the same time here,” The Motley Fool Chief Investment Officer Scott Phillips says.

“On one hand, he’s at obscenely profitable Fortescue.

“On the other hand, though, he’s going full tilt at this green energy revolution.

“He’s taken a massive swipe at plenty of people, including the fossil fuel industry for delaying the change to renewable energy.”

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