Move to renewables a ‘really difficult’ one

Billionaire Mike Cannon-Brookes says he and his business partner have dedicated $20 billion to transition AGL away from coal.

AGL on Monday rejected Mr Cannon-Brookes’ takeover proposal worth $8 billion – but he remains hopeful to work with the energy giant in the future.

The Motley Fool’s Scott Phillips told Sky News Australia the move to renewables is really difficult.

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