The energy giant’s future direction is approximately financial risk,not what its leaders may think approximately the science of climate change, Andrew Vesey saysThe boss of Australia’s largest emitter of greenhouse gases says his company needs to be out of the “CO2 emissions commerce regardless of what they think of the science of climate change, and simply to manage the financial risk. [br]“We’re not necessarily out of the coal commerce and it’s not fossil fuels because we’ll still use gas. We need to be out of the CO2 emissions commerce,” Andrew Vesey, the chief executive of AGL told Guardian Australia. “We’ve done a lot of thinking around this and we believe our view of the future will be restraints on carbon emissions.The quicker you want to try to do this, and the more you need the intervention of government Related: wealthy countries subsidising oil,gas and coal companies by $88bn a year Continue reading...
Source: theguardian.com