« previous next »
Pages: [1]   Go Down

Author Topic: BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks  (Read 234 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 182,417
BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks
« on: September 12, 2025, 01:06:38 pm »
BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks
 


BHP Home page

By Jo Nova

That didn’t last long
It was only two years ago that BHP announced “Operational Decarbonisation”. They would build 550MW of wind solar and battery storage in the Pilbara region of WA. It was part of a $4 billion global budget for electrifying trucks and reducing carbon emissions.  It was all so ambitious — they set a goal of a 30 per cent reduction by 2030, from 2020 levels, and net zero by 2050. The “Responsible Energy” message is still starring all over their home page.

Their diesel haul trucks use 1.5 billion litres of fuel each year, and they were keen to replace them with electric vehicles, which, they said would “save money”. But it’s all fallen in a hole already. The $4 billion USD global plan has shrunk to half a billion — a savage 88% cut. The new Pilbara solar and wind turbines were quietly shelved late last year (perhaps after Donald Trump won) but the news is only being shared now.

Meanwhile the electric trucks haven’t been invented fast enough so they’ve been delayed indefinitely.

BHP scraps renewable energy projects, casting doubt on emissions targets

https://joannenova.com.au/2025/09/bhp-cuts-renewable-budget-by-88-the-word-is-that-after-solar-reaches-30-to-40-microgrid-costs-rise-exponentially/
Logged
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 14,593
Re: BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks
« Reply #1 on: September 12, 2025, 01:36:59 pm »
They found out their shareholders actually wanted them to make money instead of following wokesters.
Logged
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline Bigun

  • Hero Member
  • *****
  • Posts: 35,636
  • Gender: Male
  • Resistance to Tyrants is Obedience to God
    • The FairTax Plan
Re: BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks
« Reply #2 on: September 12, 2025, 02:23:02 pm »
Good! Perhaps some of that region's natural beauty can be preserved unlike much of Texas where those infernal wind contraptions and solar farms are everywhere you look!
« Last Edit: September 12, 2025, 02:24:00 pm by Bigun »
Logged
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline DefiantMassRINO

  • Hero Member
  • *****
  • Posts: 12,808
  • Gender: Male
Re: BHP cuts renewable budget by 88% — axes Pilbara wind and solar and delays electric trucks
« Reply #3 on: September 12, 2025, 03:39:17 pm »
Reverts to ol' fashioned economics.  Cost matters.
Logged
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview
Pages: [1]   Go Up
« previous next »