Andrew Forrest on diesel fuel rebate, real zero and the energy transition

At the Smart Energy Conference, Andrew Forrest has called for the removal of Australia’s $2.5 billion diesel fuel rebate for large corporations, describing it as “free money” that hinders innovation. TIMESTAMPS 0:00 – Forrest explains why green energy is cheaper and attacks the diesel fuel rebate 1:37 – Why other mining companies won’t follow Fortescue’s green transition 2:37 – Forrest rejects the claim the diesel rebate funds road maintenance 4:20 – Call for Canberra to back local green energy and end the rebate 5:24 – Forrest outlines his billion-dollar green grid investment and market demand #RenewEconomy #Fortescue #SmartEnergy #Diesel #AusNews --- 📰 Subscribe to our free daily newsletter https://reneweconomy.com.au/sign-up-f... 📱 Follow us on social media X: @renew_economy Threads/Instgram: @reneweconomy TikTok: @reneweconomynews Bluesky: https://bsky.app/profile/reneweconomy... Facebook:   / reneweconomynews   LinkedIn:   / reneweconomy