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BHP Billiton Re-sets Emissions, Climate Change Targets (Int'l.)
BHP
Date: 2020-08-28
In the Land Down Under, Melbourne-based mining giant BHP reports the revamping of its strategy to reduce the company's operational emissions and set concrete targets to be reached by 2030 and its ultimate goal to become carbon-neutral by 2050.

The company noted that carbon capture and storage (CCS), an increased reliance on renewable energy and other initiatives will be funded through a $400 million climate investment program announced in 2019. The company also plans to update its portfolio assessment to take into account its Paris Climate Agrement agreement goals, and will sell or demerge some of its coal mines to help meet those goals. Additionally, future executive remuneration will include an element tied to climate change actions. (Source: BHP Billiton, mining.com, 27 Aug., 2020) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News BHP,  Climate Change,  Carbon Emissions,  Carbon Neutral,  CCS,  


BHP Invests in Bio-Tech Start-up Cemvita Factory (Ind. Report, Int'l)
Cemvita Factory,BHP,BHP Billiton
Date: 2019-09-13
Australian mining major BHP Billiton reports it has taken a stake has taken a stake in Cemvita Factory Inc., a US biotech start-up developer of bio-engineered pathways that support carbon dioxide (CO2) sequestration and utilization. Cemvita Factory is developing a portfolio of CO2 conversion microorganisms, including a platform that mimics photosynthesis and other natural processes.

emvita Factory's technology is based on established methods of synthetic biology to improve the metabolic capacity of environment-friendly photosynthetic microorganisms for CO2 use. These microorganisms may also be used for different purposes including the treatment of heavy metal or acidic contamination, using and sequestering CO2 in the process, according to the company. (Source: BHP Billiton, PR, Creamers Mining, Sept., 2019)Contact: Cemvita Factory Inc., www.cemvitafactory.com; BHP Billiton, Laura Tyler, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News BHP Billiton,  Climate Change,  


BHP Plans Climate Change Investment, Greener Exec. Pay Pkg. (Int'l)
BHP Billiton
Date: 2019-09-13
In the Land Down Under, mining giant BHP Billiton is touting a five-year plan that will see the company spend $400 million on carbon capture and storage (CCS) and other technologies and measures to reduce carbon emissions. The plan also ties the group's executives remuneration packages closer to meeting environmental targets.

According to Group CEO Andrew Mackenzie, "For many years performance against emissions targets has been considered in BHP's executive remuneration plan. From next financial year we will clarify and strengthen this link and further reinforce the strategic importance of action to reduce emissions."

On Dec. 8, 2017, Dr. Fiona Wild, BHP VP for Sustainability and Climate Change, noted "We have knowledge of geology, markets and economics, so there's probably something we can bring to the table here in terms of our understanding around CCS to try to push this technology down the cost curve so it can be more readily available at scale and affordable costs." (Source: BHP, Western Australian, July, 2019) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News BHP Billiton news,  Climate Change news,  


BHP Plans Climate Change Investment, Greener Exec. Pay Pkg. (Int'l)
BHP Billiton,Carbon Engineering,Climate Change
Date: 2019-07-24
In the Land Down Under, mining giant BHP Billiton is touting a five-year plan that will see the company spend $400 million on carbon capture and storage (CCS) and other technologies and measures to reduce carbon emissions. The plan also ties the group's executives remuneration packages closer to meeting environmental targets.

According to Group CEO Andrew Mackenzie, "For many years performance against emissions targets has been considered in BHP's executive remuneration plan. From next financial year we will clarify and strengthen this link and further reinforce the strategic importance of action to reduce emissions."

On Dec. 8, 2017, Dr. Fiona Wild, BHP VP for Sustainability and Climate Change, noted "We have knowledge of geology, markets and economics, so there's probably something we can bring to the table here in terms of our understanding around CCS to try to push this technology down the cost curve so it can be more readily available at scale and affordable costs." (Source: BHP, Western Australian, 22 July, 2019) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News BHP Billiton,  Climate Change,  


Major Mining Companies Among World's Mega Emitters (Int'l)
Climate Change
Date: 2019-05-13
In Rio de Janiero, Brazil, the Rio Times is reporting as many as 100 companies are responsible for more than 70 pct of global greenhouse gas emissions since 1988, according to data from Carbon Disclosure Project (CFP) in July 2017.

The 25 largest polluters, responsible for 50 pct of CO2 emissions, are, by descending order: China (state-owned coal production), Aramco, Gazprom, Iranian National Petroleum, ExxonMobil, Coal India, Pemex, Russia (state-owned coal production), Shell, China National Petroleum, BP, Chevron, PDVSA, Abu Dhabi National Petroleum, Poland Coal, Peabody Energy, Sonatrach, Kuwait Oil, Total, BHP Billiton, ConocoPhillips, Lukoil, Rio Tinto, Nigeria National Petroleum, and Petrobras, the only Brazilian company on the list.

The top 100 companies control most of the world's mineral rights, for oil, gas, and coal. Houston is considered the "home" of 7 of these 100 companies, followed by Jakarta, Calgary, Moscow, and Beijing.

(Source: The Rio Times, May, 2019) Contact: The Rio Times, Richard Mann, Contributing Reporter, www.riotimesonline.com

More Low-Carbon Energy News Carbon Emissions,  CO2,  Climate Change,  


BHP Billiton Backs Direct Air Carbon Capture (Ind. Report)
BHP Billiton,Carbon Engineering
Date: 2019-03-06
In the Land Down Under, mining giant BHP has invested $6 million in Squamish, British Columbia-based Carbon Engineering Ltd. The company's "Direct Air" carbon capture technology has the potential to remove carbon dioxide from the atmosphere on a large scale using huge fans. The company also has Bill Gates as an investor.

The technology, now operating in British Columbia, uses huge fans that draw in air. Fluids in the processing unit then bind to the carbon dioxide molecules in the air. The carbon dioxide can then be concentrated and converted into fuels, or pressurized and injected underground for long-term storage.

According to BHP VP of Sustainability, Dr. Fiona Wild, "direct air capture is very flexible, so it can be used anywhere. And it really has significant potential for scale up, but it requires private sector investment and obviously also policy support, to try and bring it to scale. So that's why we're investing in it." (Source: BHP, Sydney Morning Herald, 5 Mar., 2019) Contact: Carbon Engineering, Steve Oldham, CEO, info@carbonengineering.com, www.carbonengineering.com; BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News Carbon Engineering,  BHP,  CO2,  Direct Air Carbon Capture,  Bill Gates ,  


BHP Commits to Marine Biofuels (Int'l Report)
BHP, Goodfuels
Date: 2019-02-06
Australian global mining giant BHP reports it has taken on a blend of 30 pct biofuel and 70 pct marine diesel oil on the chartered capesize bulk carrier Frontier Sky, owned by NYK. Using the blend will cut CO2 emissions by 50 tonnes (26.2 pct) compared to conventional marine diesel oil (MD)O.

The biofuel was a drop-in, marine gas oil equivalent derived from used cooking oil feedstock, offering a CO2 emission reduction of 87.4 pct compared to MDO. The fuel was supplied by GoodFuels through logistics company Varo Energy.

NYK aims to cuts its greenhouse gas emissions by 30 pct -- on a tonne-km basis -- by 2030 and 50 pct by 2050, compared with 2015. (Source: BHP, Hellenic Shipping News, Marine Propulsion, 5 Feb., 2019) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com; GoodFuels, Dirk Kronemeijer, CEO, +31 (0) 85 8000 238, info@goodfuels.com, www.goodfuels.com

More Low-Carbon Energy News Marine Biofuel,  BHP Billiton,  GoodFuel,  


BHP Billiton Calls for a Price on Carbon (Int'l)
BHP
Date: 2018-10-22
In the Land Down Under, mining juggernaut BHP Billiton Head of Sustainability & Climate Change, Dr. Fiona Wild, says Australia lacks "long term and effective climate policy" and wants a price on carbon to be part of the mix.

"We've always been really clear that we support a carbon price -- obviously there's different ways a carbon price can be designed but from our perspective a carbon price is a really important part of a long term and effective response to climate change. I think in the Australian context what we'd really like to see is a really well integrated climate and energy policy which looks at affordability, reliability and emissions reductions, and that's what we're aiming for. At the moment we don't have a long term and effective climate and energy policy," Dr Wild says.

Dr. Wilds added, "We accept the IPCC's assessment of climate change science that warming of the climate is unequivocal, the human influence is clear and physical impacts are unavoidable. We believe that the world must pursue the twin objectives of limiting climate change in line with current international agreements while providing access to affordable energy."

Dr Wild also noted that "under all current plausible scenarios, fossil fuels will continue to be a significant part of the energy mix for decades." (Source: BHP, AFR, Financial Review, 22 Oct., 2018) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

More Low-Carbon Energy News Fiona Wild,  BHP,  Carbon Tax,  CO2 Emissions,  Climate Change,  

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