From Watts Up With That?

Essay by Eric Worrall

“…  wrote off $244 million in clean energy spending …” after Trump 2024 Election win.

‘Sue me’: Forrest says Trump is telling lies on climate

Jessica Gardner United States correspondent

Washington | Mining billionaire Andrew Forrest has accused United States President Donald Trump of lying about climate change as he pilloried the White House’s pivot away from renewable energy to polluting fossil fuel sources.

…

“There’s real damage being done to people’s lives all over the world by your president propagating a complete myth that global warming is not happening. That’s wrong. That’s utterly wrong,” Forrest said.

“Your administration … it’s put a bet on the oldest, tiredest horse on the line, which is fossil fuel,” he told the event hosted by the New York Times. “And by the way, all these other horses are fit, lean, they’re getting stronger every day, which is renewable energy, renewable technology, storage, everything.”

…

The company wrote off $244 million in clean energy spending after halting more than $1 billion worth of hydrogen projects, according to its annual financial disclosure in August.

…Read more: 

https://www.afr.com/world/north-america/sue-me-forrest-says-trump-is-telling-lies-on-climate-20250925-p5mxqo

In addition to the $244 million Andrew “Twiggy” Forest had to write off over his failed clean energy schemes, Twiggy’s resource companies have likely been impacted by President Trump’s import tariffs.

Making belligerent speeches aimed at President Trump seems to be the latest fashion in Australia’s political and business circles. But I doubt President Trump can be bothered to remember who Twiggy is.

The truth is the world is moving on without Australia. While the USA and Asia build the world of tomorrow, Australia’s political and industry leaders are clinging to the failed green ideas of the past, desperately grasping at straws of international relevance, while pretending to the audience back home that Australia still matters.