AGL CEO flees

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From AGL:

I’m going to don my thought readership powers and interpret what that really says:

“You couldn’t pay me enough to stick around in this coal-worshipping backwater one extra minute. See ya and wouldn’t wanna be ya.”

And who could blame the poor bloke. Hired to transition a plain vanilla utility to renewable power and turned into the devil incarnate by an evil government for doing so.

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Pure sovereign risk.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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