You wouldn’t read about it, from the AFR:
In an exclusive interview with AFR Weekend, BHP chief executive Andrew Mackenzie confirmed that he “was in conversation” with the group of six petroleum industry chief executives who are reported to have approached the UN and national governments with expressions of interest in manufacturing a workable global emissions marketplace.
…BHP was in a good position to flex its portfolio as the world continued its quest to contain emissions, Mr Mackenzie said. He said material emissions reductions could be achieved through “a lot of little things” including continued advancement in solar technologies, proving more rapidly the long-term efficacy of carbon capture and storage, an expansion of nuclear power production and further profound improvement in the way energy is used.
Carbon pricing offers technological help for coal, boosts uranium and gas and shares the load of mitigation more widely than the alternative “anything but coal” path. Very sensible by BHP.
Tony Abbott is a dead duck.
