Billionaire investor Mike Cannon-Brookes has reignited his climate battle with AGL, Australia’s biggest polluter, rejecting its latest emissions-reduction strategy as too slow and out of step with what is needed to arrest dangerous global warming.

Cannon-Brookes, the co-founder of tech firm Atlassian and one of the country’s richest people, built a stake of more than 10 in AGL in 2022 , before leading a successful push to overhaul its board of directors and extract pledges for faster coal-fired power plant closures and deeper cuts to harmful greenhouse gas emissions.

The rift between AGL and its biggest shareholder opened again at the energy giant’s annual general meeting on Friday, when Cannon-Brookes defied the urging of the board and refused to endorse its climate change strategy, w

See Full Page