The mining tycoon says his iron ore business will stop using fossil fuels by the end of the decade without carbon offsets or carbon capture and storage

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About $45 trillion of global business revenue is covered by corporate “net zero emissions” pledges but iron ore billionaire Andrew “Twiggy” Forrest thinks the whole net zero thing is “fantasy”.

“Now is the time to walk away from net zero 2050, that hasn’t been anything really but a con to maintain fossil fuels,” Forrest said last week.

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