Andrew Forrest, founder of Fortescue, has seemingly downgraded his ambitious goal to prioritize clean and green energy on two occasions, sparking speculation about the underlying economic forces at play.
The facts indicate that Forrest is exiting his goal to produce green energy machinery and equipment, resulting in the potential loss of hundreds of jobs at his UK plant in Oxfordshire, which employs 1,100 workers.
This move marks a backflip on Forrest's initial 'going green' plans, leaving many to wonder what prompted this change.
Author's summary: Forrest's green goals face economic scrutiny.