Why a billionaire mining executive is betting on green energy
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 15 October 2025
⏱️ 6 minutes
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| 0:00.0 | This podcast is supported in part by the New England Innovation Academy in Marlborough, Massachusetts, |
| 0:05.5 | where today's students become tomorrow's innovators by discovering their passions and purpose while preparing for what's next, |
| 0:12.1 | reimagining education with a future-focused curriculum, entrepreneurial mindset, and real-world application, |
| 0:18.1 | currently enrolling grade 6 through 12, day and boarding students. Learn more at |
| 0:22.6 | NEIacademy.org. This week, a group of countries may approve what's widely seen as the first |
| 0:29.2 | carbon tax on the global shipping industry. The International Maritime Organization is poised to approve |
| 0:35.4 | new levies on ships for their emissions. |
| 0:38.5 | Payments would become mandatory near the end of the decade and are designed to get companies |
| 0:42.8 | to cut back emissions substantially by mid-century. |
| 0:46.2 | But the Trump administration argues it's a harmful tax and is threatening tariffs. |
| 0:51.0 | William Brigham has a look now at a key business player who's attracting attention |
| 0:55.0 | for his efforts to make that industry and others greener. |
| 0:59.0 | Sailing into New York Harbor, it may look unremarkable, but the green pioneer is a ship with a difference. |
| 1:06.0 | It's the first cargo ship partially powered by green ammonia, a carbon-free fuel that some say |
| 1:12.9 | could help decarbonize the notoriously dirty global shipping industry. |
| 1:18.2 | That industry's traffic makes up 3% of all greenhouse gas emissions, which is more than |
| 1:23.8 | double the pollution of France or England. |
| 1:26.1 | We can get sun, wind, water, or you get to make a money. |
| 1:33.3 | That's it. |
| 1:34.3 | This vessel is Australian billionaire Andrew Forrest is the force behind the green pioneer, |
| 1:40.3 | and he is a surprising climate activist. |
| 1:43.3 | Forrest runs Fortescue, one of the world's largest iron ore mining companies. |
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