Electric Haul Trucks Could Save Fortescue Over $400m in Fuel Per Year
Posted4 months agoActive4 months ago
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Electric VehiclesSustainabilityMining Industry
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Electric Vehicles
Sustainability
Mining Industry
Fortescue could save $400M in fuel per year with electric haul trucks, but discussion raises questions about the company's commitment to green investments.
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He also started a JV to make hydrogen, and hydrogen producing technology and then walked off the project when state government funding disappeared.
He's not evil, but he has form for massive high frontier public noises about green investment and then ends it super fast when the cost breaks some barrier we don't know about but which looks like when short term profit choices make it less viable. Odd, because most green investment is about the longer term.