
Former BHP chief economist Huw McKay has called for stronger government climate policies, including a carbon price, to incentivize miners to decarbonize. His remarks come after leaked documents revealed BHP had delayed renewable energy projects in the Pilbara, scrapped a key emissions-cutting project, and postponed electrification of its diesel truck and train fleets. The situation underscores the need for policy intervention to accelerate corporate climate action.
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BHP delayed vast renewables projects in the Pilbara
Dr Huw McKay said 'The preferred policy is, of course, a carbon price.'
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Dr Huw McKay said 'The preferred policy is, of course, a carbon price.'
Opinion‘The preferred policy is, of course, a carbon price,’ Dr Huw McKay says, as BHP's emissions reduction actions slow
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Dr Huw McKay said 'The preferred policy is, of course, a carbon price.'
OpinionBHP scrapped a project that would have delivered significant cuts to global emissions.
The Guardian