Mike Cannon-Brookes, AGL, and the future of coal
AGL is Australia’s oldest and largest electricity generator. It is also Australia’s largest emitter of carbon dioxide.
The company plans to shut its last coal fired generator in 2045. And has been resisting calls for it to accelerate plans to shut down its coal fired power plants. Which has put it in conflict with Mike Cannon-Brookes, who has been using his considerable wealth to try and accelerate Australia’s transition to a zero emission energy grid.
This week this conflict came to a head and ended with AGL’s CEO and Chair of the Board resigning.
In today's episode of The Dive, Alec and Darcy discuss what happened with Mike Cannon-Brookes and AGL . And explain what this story means for the future of Australia’s electricity grid?
Tell us what you think of The Dive - email us at thedive@equitymates.com
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