Cut emissions or face the double price crunch of surging fossil fuel costs and the price of offsets, says Elizabeth Gaines.
The energy crisis should spur companies to cut real emissions rather than rely on carbon offsets, or else face the price crunch of surging fossil fuel costs and more expensive offsets, Fortescue Metals chief executive Elizabeth Gaines has warned.
Billionaire major shareholder Andrew Forrest is set to be elevated to executive chairman of Fortescue to transform the company from a pure play iron ore company to a major clean energy operator and investor via its subsidiary Fortescue Future Industries . As part of Fortescue’s commitment to decarbonise its operations by 2030, the company announced on Wednesday it had partnered with multi-national equipment manufacturer Liebherr to develop and supply green mining haul trucks to axe its reliance on diesel.
, stepping up the re-use of pallets and reducing truck movements by optimising the transport network.this month whether it will spend up big to use only plastic, instead of wood, pallets with United States retailer Costco after a lengthy trial. Costco prefers plastic pallets because they are safer and look better in aisles where it displays stock on pallets.
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