The continued inclusion of gas in Forrest’s portfolio has drawn criticism. Gocher says it is at odds with Forrest’s green ambition, which he believes FMG has the capacity to deliver.
“It is a bit hypocritical given the language he has used around the climate crisis,” Gocher said.
“He’s clearly saying we need to take action in the next 10 years, but he wants to build a terminal that will supply more gas. It means he’s not talking about electrification [of industry] or trying to reduce [gas] demand, which is what we should be talking about.”
Forrest takes umbrage when asked whether his gas developments are at odds with his climate push.
“If it was just a gas-fired power station and a gas importation system, sure, take me to task,” he said. “But if I’m spending the huge amount of capital to make it dual-fuel – that’s hundreds of millions – and then on the other side of my life [spending] tens of billions to create that green energy and green hydrogen, then the Guardian really has to be responsible, and encourage people to take that big step and build dual-fuel so that they can switch to hydrogen when it’s available.”