The third richest person in Australia, the tech billionaire Mike Cannon-Brookes, is fed up with the country's dependence on coal - so he wants to buy its biggest electricity company and shut down its coal power plants.
and announced: “This is coal. Don’t be afraid, don’t be scared, it won’t hurt you.”
If the takeover goes ahead, it will mark the beginning of the largest decarbonisation project in the world. AGL is currently Australia’s biggest single greenhouse gas emitter and produces more emissions each year than Sweden’s annual total.at Climate Energy Finance, an advisory firm in Sydney, believes that Cannon-Brookes’s tech background could actually come in handy, since smart software is increasingly being used to deliver renewable energy more efficiently.
that will deliver electricity from a giant solar farm in northern Australia to Singapore through a submarine cable.build a giant battery for storing wind energy in South AustraliaWithout these mega-rich individuals stepping in, Australia would continue to drag its feet on transitioning to clean energy, says
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