Former head of BHP coal Dean Dalla Valle from The Australian:
…has told a Washington, DC audience that the private sector needs to play a part in this year’s Paris climate talks.
…“We must ensure our business is prepared if we are to maximise energy efficiency, minimise environmental impact, deliver economic growth for shareholders and fulfil our commitments to our employees, communities and customers.”
…BHP was looking for government and industry partners to accelerate deployment of technology to cut emissions. “This includes carbon capture and storage, technologies to reduce fugitive emissions from coal and petroleum operations, high efficiency/low emissions power generation and transportation and battery storage,” he said.
The only way to do that is either some form of publicly funded Manhattan project for coal or via a carbon price.