Money in the hands of people with values is a very good thing. Mike Cannon-Brookes is a 42-year-old tech entrepreneur with a passion for renewable energy. There was an article on him in the Herald at our local barber, where my son was getting his hair cut. See, Mike just put in a AUD$8 billion bid to buy the Australian electricity company AGL. He’s bidding in partnership with a Canadian asset management firm Brookfield that specialises in renewable energy. AGL is Australia’s biggest emitter of greenhouse gases, spewing out — coincidentally, the same amount of tons as Mike is years old — 42. That’s a lot of greenhouse gas emissions. AGL also owns three of Australia’s 16 coal plants. Mike’s plan? Buy the company, shut down the coal plants, replace it with renewables. Read on…
Download Resonance* for more stories like this.
Australia’s third-richest man – the new billionaires! Bring.it.on!
23 May, 2022