Mike Cannon-Brookes—Became largest AGL shareholder to block demerger and accelerate coal plant closures
Through Grok Ventures, acquired 11.3% stake in Australia's largest polluter AGL Energy. Successfully blocked planned demerger that would have separated fossil fuel assets, forced early closure dates for two remaining coal plants by 2035, and prompted resignation of chair and CEO.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Climate Action | +toward | primary | +1.00 |
| Environmental Sustainability | +toward | secondary | +0.50 |
| Overall incident score = | +0.664 | ||
Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.59)
Evidence (1 signal)
Confirms Investment Jun 15, 2022 verified
Became largest AGL shareholder to block demerger and accelerate coal plant closures
Through Grok Ventures, acquired 11.3% stake in Australia's largest polluter AGL Energy. Successfully blocked planned demerger that would have separated fossil fuel assets, forced early closure dates for two remaining coal plants by 2035, and prompted resignation of chair and CEO.