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flag Australian billionaires clash over climate policy, with Rinehart opposing decarbonization efforts and Forrest backing a major renewable energy plan.

flag Australian billionaires Gina Rinehart and Andrew Forrest are publicly clashing over climate policy, with Rinehart criticizing government decarbonization efforts as wasteful and harmful to families, blaming environmental initiatives for rising costs and reduced dividends. flag She targets major mining firms for investing in climate tech and uses social media and conservative outlets to rally opposition. flag Forrest, while quieter recently, remains committed to Fortescue’s $9.6 billion renewable energy plan, advocating for rapid decarbonization despite setbacks. flag Their rivalry highlights deep divisions in Australia over balancing economic interests with climate action.

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