Woodside chairman Richard Goyder Warns on investments

Richard Goyder Warns on investments

Goyder stated that the Australian government’s failure to take decisive action on reducing carbon emissions could lead to a significant loss of investment. Goyder made the comments at a business breakfast in Perth, where he emphasized the importance of taking immediate action to address climate change.

He warned that Australia could become a “pariah state” for investors if it does not take steps to reduce carbon emissions and transition to a low-carbon economy. Goyder’s comments came amid growing concern among investors about the risks associated with climate change. Many companies are now adopting a more sustainable approach to business, and investors are increasingly seeking opportunities that align with their values and priorities.

The chair of Woodside Petroleum, one of Australia’s largest energy companies, also urged the government to set a clear path for reducing carbon emissions and transitioning to a low-carbon economy. He emphasized that such a transition would require a collaborative effort from all sectors of society, including government, business, and individuals.

Goyder’s comments have been widely reported in the Australian media, with many commentators calling on the government to take decisive action on climate change. It remains to be seen whether the government will heed Goyder’s warnings and take steps to reduce carbon emissions and transition to a more sustainable economy.

- Published By Team Australia News

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