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Australian billionaires clash over climate policy, with Rinehart opposing decarbonization efforts and Forrest backing a major renewable energy plan.
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.
She targets major mining firms for investing in climate tech and uses social media and conservative outlets to rally opposition.
Forrest, while quieter recently, remains committed to Fortescue’s $9.6 billion renewable energy plan, advocating for rapid decarbonization despite setbacks.
Their rivalry highlights deep divisions in Australia over balancing economic interests with climate action.
Los multimillonarios australianos se enfrentan sobre la política climática, con Rinehart oponiéndose a los esfuerzos de descarbonización y Forrest respaldando un importante plan de energía renovable.