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Australia’s fuel tax break slowing BHP’s decarbonisation, mining giant’s investors warned

From theguardian.com

A briefing document circulated to BHP investors has warned that the federal government’s fuel tax break is acting as a handbrake on the decarbonisation of the miner’s Australian operations. Earlier this year, a leaked cache of documents obtained by Guardian Australia and the ABC’s Four Corners revealed BHP had halted or delayed key emissions reductions projects, just years after describing climate change as an “existential” threat that required the greatest mobilisation since the second world war. The leaked documents showed how BHP, a major polluter and one of the world’s worst historic contributors to the climate ... (full story)

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  • Category: Fundamental Analysis