Article 6DEY3 Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

by
Sandra Laville, Oliver Milman, Nina Lakhani and Aj
from on (#6DEY3)

Australian mining entrepreneur Andrew Forrest criticises clickbait' fossil fuel plans as others say Britain has lost credibility

The billionaire Australian mining tycoon and investor Andrew Forrest has led international condemnation of the UK's new oil rush, saying he would pull his major investment from the country if the prime minister pursued clickbait" fossil fuel policies.

The iron ore magnate, who also runs the Minderoo Foundation philanthropic organisation, threatened to move his investments out of the UK over Rishi Sunak's swivel towards new oil and gas drilling.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments