The Canopy

Mike Cannon-Brookes calls 'bullshit' on AGL's new board nominees

Written by Greenpeace Australia Pacific | Tuesday, 1 November 2022

The U.N. Climate Change Conference, known as COP27, starts in Sharm el-Sheikh, Egypt, next week, and climate change activists are pushing major emitters in developed countries to make bigger commitments at the conference.

Meanwhile, Mike Cannon-Brookes has launched a fresh attack on the board of Australia's Biggest Climate Polluter (AGL), for questioning the independence of four director nominees he hand-picked to join the power and gas giant to help it seize potentially lucrative decarbonisation opportunities.

Plus, from today, plastic straws, stirrers, cutlery, unlidded plates and bowls, expanded polystyrene food service items, plastic cotton bud sticks, and microbeads in cosmetics will be banned in NSW.

G20 Countries Pushed to Make Bigger Climate Commitments at COP27
According to a recent report by the U.N. Environment Program, the international community is still falling far short of the 2015 Paris Agreement goals, with no credible pathway to keep the rise in global temperatures below the key threshold of 1.5 C.

Mike Cannon-Brookes in scathing attack on AGL board over nominees
Cannon-Brookes, the co-founder of tech company Atlassian who earlier this year became AGL’s largest shareholder with an 11.3 per cent stake, described the board’s argument that supporting all of his nominees threatened to compromise its independence as “bullshit”.

Today's NSW plastic ban will divert 2.7 billion plastic items from oceans
Under the new laws, on-the-spot fines can be issued of up to $1100 for individual businesses and $5500 for corporations who continue to supply banned plastic items.

Insurers brace for massive cost of extreme weather events
The cost of extreme weather events is expected to soar and put insurance out of reach for some communities.

Life In The Fast(er) Lane For NSW EV Owners Continues
Another little bonus for EV owners in New South Wales is to remain for a while – being able to drive their electric cars solo in transit lanes.

The future of energy depends on DERMS
DERMS – a Distributed Energy Resource Management System – is the key to unlocking the renewable energy potential of communities’ residential DERs. Without requiring major infrastructure upgrades, utilities can install a tool today that manages the rapid addition of renewable assets.