This is the sort of real free market trading that will finally eliminate fossil, nuclear, and ethanol fuel farming energy. Forget cap and trade hedge fund manipulation, that's the wrong kind of trading to get markets to respond to the realities of GHG climate disaster and economic ruin from soaring energy costs and oil war.
"Mr Fraser says he is accelerating the company's investment in wind, hydro, and gas power in anticipation of a carbon-constrained future and that policy will require selling existing assets."
Those assets, namely coal and gas assets, are going to go way down in value as they go into fire sale mode. As the price of coal and gas goes up and the government subsidies for coal and gas dissappear, capital will be salvaged and reinvested in GHG free energy assets.
Sorry dimbulb limboob wing nuts, the corporate leaders you idolize are selling off your favorite dirty energy equipment, it will be melted down in wind and solar powered recycling mills.