The Labor/Green coalition in Australia has declared war on coal, oil and gas. So why is Big Mining not fighting back?
BHP Billiton is a big producer of coal, oil, gas, iron ore, copper, nickel and uranium. Rio Tinto is a big producer of uranium, coal, iron ore, copper and aluminium. Glencore is a big producer of coal, copper, zinc and nickel. And Shell is big in oil, gas and bitumen, manufactures biofuels, and generates peak power with natural gas.
These companies employ competent geologists, physicists and chemists who could tell them that CO2 is not a pollutant and is not the primary driver of climate. They must know there is no scientific justification for the green war on hydro-carbon fuels - but none of these big miners speak out against this baseless war on their products. Some even waste shareholder funds producing glossy brochures promoting the green agenda.
Big Mining is not that dumb. Their climate concern is more motivated by self-interest - they see long-term profits flowing from the silly green agenda. They are also political cowards.
