Mining tycoon Gina Rinehart, Australia’s richest person, has urged the country to ditch its pursuit of net zero emissions, insisting the costs of climate action will devastate sectors from healthcare to logistics and defense.
The oil giant’s chief executive Mike Wirth warns against rushing away from fossil fuels, arguing the world faces serious consequences if it abandons existing energy systems too quickly.
The boss of one of the world’s top energy companies is worried about costs and policy settings in Australia. Future expansions and investment are now off the table.