According to mining billionaire Andrew Forrest, carbon capture has failed for decades and is a complete falsehood.
Carbon capture has failed for decades and policymakers need real solutions to emissions reductions, not a “complete falsehood” such as CCS, according to Andrew Forrest, the Australian billionaire who is the founder of iron ore producer Fortescue Metals Group.
“We are the only heavy emitter in the world to stop purchasing voluntary offsets,” Metals CEO Dino Otranto said at the time. “We will focus our efforts on eliminating the million litres of diesel we use per year, rather than offsetting them.
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