Andrew Forrest, Fortescue's CEO, has seemingly downgraded his ambitious goal to be clean and green on two occasions, sparking speculation about the underlying economic forces at play.
The facts indicate that Andrew "Twiggy" Forrest is exiting his goal to produce green energy machinery and equipment, resulting in the potential loss of hundreds of jobs at his UK plant in Oxfordshire, which employs 1,100 workers.
This sudden change raises questions about what prompted Forrest to backtrack on his 'going green' plans.
Could more economic forces be at play here?
Author's summary: Forrest's green goals face economic scrutiny.