A just transition for coal mining communities has been talked about for decades. BHP’s decision this week shows it’s time to get serious.
This is an important victory for employees and unions, acknowledging the importance of genuine and meaningful consultation. It’s not a victory for mandate opponents.
AAP Image/James Ross
BHP is banking profits from its failing assets, while washing its hands of the responsibility for its past and ongoing contribution to climate change.
By hiving off its oil and gas assets into a separate company, BHP is acknowledging it has no future in the carbon emissions business.
It’s essential to save the steelworks, but that
s just the start.
The destruction of one ancient rock shelter is devastating. But there’s a greater loss to cultural heritage that is occurring from the ‘cumulative impacts’ of mining operations in WA.
BHP has voted to stay in the Minerals Council of Australia.
Environmental Change and Security Program/Flickr
Despite voting to remain a member of an Australian coal lobby group, there are growing divisions between fossil fuel extractors and the larger energy industry.
Australia’s major mining companies are significant contributors to global emissions.
Global Warming Images
Australia cannot distance itself from moral responsibility for emissions from exported fossil fuels.
It’s a long way from most places, but it is about to host a bigger battery than the world’s biggest, molten salt solar and pumped hydro generation, and a much bigger steelworks.
Far from being wiped off the map as was once predicted, Whyalla is coming back in an unlikely way, as potentially Australia’s biggest steel producer powered almost entirely by renewable energy.
BHP has distanced itself from moves to strip environment groups of their tax deductibility status.
BHP has distanced itself from moves to strip environment groups of their tax deductibility status. Why does the Big Australian see value in defending them?
What happens when the gap between a company and its umbrella group gets too wide? We’re about to find out.
BHP will go back to the future following the move to ditch “Billiton” from it’s name.
BHP’s rebrand is unlikely to affect the bottom line, research shows. But if it improves relations with politicians and voters, it would still be a success.
With the steelworks under a cloud, Whyalla continues to fluctuate between hope and despair.
Decades of expansion for Whyalla were followed by decades of contraction. Whyalla has seen optimism and idealism but also, if not despair, then its close neighbours, alienation and apathy.
Former Treasurer Wayne Swan has set his sights on BHP’s tax practices.
Transfer pricing is a common form of legal tax avoidance, and it’s costing governments millions.
The mining sector is facing one of its toughest periods and large miners like BHP and Rio Tinto are not immune.
Increased competition and weak commodities prices will pressure to the mining sector to cut costs.
BHP chief Andrew Mackenzie took over from Marius Kloppers in 2013.
BHP’s board has navigated well through mining’s highs and lows and still passed the shareholder value test.
A view from above the burst Samarco dam in Brazil.
Six people are dead and more than 20 missing following the Samarco mine disaster in Brazil. But in the rush to blame we must consider the complexity of such failures.
BHP Billiton’s Andrew Mackenzie said his firm has an effective tax rate of 45%.
AAP Image/Tracey Nearmy
BHP Billiton’s Andrew Mackenzie says his firm is Australia’s largest taxpayer, pays an average of $8 - $10 billion of tax in Australia every year and has an effective tax rate of 45%. Is that right?
Prime Minister Tony Abbott says an inquiry into iron ore competition “could make sense”.
While it’s easy for the large miners to argue increased iron ore production is business as usual, the overall cost to the sector warrants a closer inspection.
The Whitehaven Coal hoax showed changes to continuous disclosure guidelines to address the role of social media and trading halts are needed, but the guidelines are not without their problems.
In a fragile world and with a particularly fragile share market, Australia’s corporate regulators have seen their role in policing the area of continuous disclosure multiply. Disclosure requirements are…