Billionaire Andrew Forrest supports treaty to stop extracting fossil fuels.

Forrest is the first major business leader to back the Fossil Fuel Non-Proliferation Treaty, a historic move in the fight against climate change.

November 17th 2024.

Billionaire Andrew Forrest supports treaty to stop extracting fossil fuels.
Andrew "Twiggy" Forrest, a prominent figure in the mining industry, recently made a public declaration of his support for a treaty aimed at ending fossil fuel extraction. This treaty has already gained the backing of numerous countries, scientists, and Nobel Prize winners, all working towards setting deadlines for the worldwide phase-out of fossil fuels.

As the founder and chairman of Fortescue, a major metal mining company, Forrest is the first major industrialist and business leader to support the Fossil Fuel Non-Proliferation Treaty. While attending the COP-29 summit in Baku, he emphasized the urgent need for action, stating, "Although the world pledged to transition away from fossil fuels at the COP-28 in Dubai last year, we continue to see a rise in emissions." He also expressed solidarity with the Pacific Island nations, who are already experiencing the devastating effects of rising sea levels.

Forrest acknowledged the role of industrial pollution in contributing to the current state of the planet, saying, "The company I founded, Fortescue, is part of a global group responsible for the majority of industrial pollution in the world. This is by far the largest pollution group of humanity." However, he also made it clear that Fortescue is committed to reaching "real zero" emissions by 2030, and he encouraged other companies to do the same.

The impact of climate change is becoming increasingly evident, with destructive hurricanes and flooding taking a toll on both the environment and human life. Forrest stressed the importance of taking immediate action, saying, "We need to move beyond just talking about net zero emissions and focus on achieving real zero - the complete elimination of all greenhouse gas emissions from fossil fuels."

Tzeporah Berman, the Chair of the Fossil Fuel Non-Proliferation Treaty, expressed excitement over Forrest's support, stating that it will hopefully inspire other businesses and governments to join the fight against fossil fuel extraction. The treaty has already gained the endorsement of 14 countries, over 3000 scientists, 100 Nobel Laureates, 25 banks, and the World Health Organization.

Forrest, who was named Australia's richest man in 2024, has had significant success in the mining industry. However, he has also become a strong advocate for green hydrogen and renewable energy. His influence and commitment to addressing climate change are a welcome addition to the movement towards a cleaner, more sustainable future.

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