Rio Tinto has pledged to reduce its greenhouse gas emissions to net zero by 2050, supported by $1.5 billion worth of investments in climate-related projects over the next five years, after posting its largest profit in eight years.The world's second-largest mining company's 2019 underlying profit was more than $US10 billion
On Wednesday, the iron ore giant posted an underlying profit of $US10.37 billion for 2019, up 18 per cent on its 2018 result , after riding the wave of surging iron ore prices last year.
It's only a pledge to appease climate Alarmists.
They have to, as the investment community will push the change. You are seeing it with new hope!
Craig Kelly and Matt Canavan will be crying in their beers.
The attention span of left-wing cucks is a 12-hour cycle. BHP can say they'll do anything 30-years from now and they're covered. This will keep the looney Left off their backs.
They better start cracking & hook into the Lithium trade. Those trucks & trains are going to need it.
Is there no limit to what those lefty greenies in Rio Tinto & BHP will stoop to?
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Australia must hit net zero by 2050 to meet Paris: scientistsTop scientists say for Australia to honour the Paris Agreement and limit global warming to less than two degrees, the country must reach net zero emissions before 2050 Yes, no doubt the alt right bobbleheads will be on their microphones screaming the house down with, what would the scientists know. Zero by 2050 is not sole test of climate purity - it is one case, others push out to end of century. Given modle uncertainties & other impacts on climate (sun) it shows this is not the one hill to die on with no test of cost/benefit It took less than 10 years to put a man on the Moon why do we even need 30 years to de-carbonise our economy? We've already identified the alternative sources of energy and done mass user testing to see it works.
Source: theage - 🏆 8. / 77 Read more »
Barnaby Joyce accuses NSW govt of ulterior motives in zero net emissions commitment | Sky News AustraliaFormer deputy prime minister Barnaby Joyce has criticised the New South Wales government for committing to a 2050 zero net emissions target claiming the Berejiklian government only adopted it to obtain Greens preferences at the next election.\n\nThe Nationals MP added the government was not being honest about the economic costs of the target, which he said would be a huge burden on industry.\n\nImage: News Corp Australia\n\n Barnaby_Joyce GladysB Haven’t the LNP already adopted that target for the nation when they signed the Paris Agreement? Barnaby_Joyce GladysB No Barnaby. It’s sensible policy to encourage investment Barnaby_Joyce GladysB So I guess the 73 countries around the world are all chasing greens preferences. Every state and territory in Australia are chasing green preferences. Barnaby is so yesterday, he is a backbenchers so why do you bother with his rants. The man is a brainless drunken philanderer
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Albanese's emissions target announcement had no 'facts and figures' | Sky News AustraliaPolitical Journalist Jim Middleton says he was “perplexed” over the “timing” of Anthony Albanese’s emissions target announcement. \n\nThe Opposition Leader announced Labor had committed to a zero net emissions target by 2050 and would be taking it to the next election. \n\nMr Middleton told Sky News he was “also a bit perplexed at the time that there were no facts and figures attached to it, rather an aspirational goal and intention”.\n\n“Labor mucked this up so significantly during the last the last election campaign,' he said. \n\nImage: News Corp Australia Coalition jumping on this but its ridiculous, their own 'commitment to Paris' in fact means they are signed up to the same 2050 target, ALSO with no figures about the cost. Figures appearing from reliable sources. But even Innes Willox of AIG says 'Dont get too hung up on cost' Albo is a lost soul with the knife stabber standing so close by. I agree, Such a pointless announcement. In saying that it makes sense for the LNP to make the same announcement, it means nothing. The world's emmissions are increasing, you would think no more than handful of countries will reach net zero by 2050.
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Turnbull lashes former Liberal colleagues over climate policy | Sky News AustraliaFormer prime minister Malcolm Turnbull has lashed his former colleagues over climate policy, describing their comments to a net zero emissions target as 'false and misleading'.\n\nAt a meeting of energy executives on Tuesday, Mr Turnbull warned of a 'catastrophic' future if Australia did not move towards a carbon neutral emissions target by 2050. \n\nThe policy, which has now been adopted by Labor, has been heavily criticised by Nationals MPs who argued it would put the country's agriculture industry at risk.\n\nImage: News Corp Australia TurnbullMalcolm Malcolm Turnbull is the epitome of false and misleading. Stinky ghost 👻 TurnbullMalcolm Your a gem Turnbull, your only interest once again is in the profits you can make from your subsidised Wind Farms. TurnbullMalcolm Why we give this accidental prime minister airtime is beyond me...
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Zero common sense in 'net-zero' parliamentary debateAnalysis: A pledge signed by a Coalition government is conveniently forgotten when Scott Morrison is trying to paint Anthony Albanese as an economic wrecker | CroweDM CroweDM Zero nonsense, no one has explained yet what is zero emissions, nothing but a catchy slogan CroweDM AnAl is an economic wrecker, this isn’t a lie. He’s just another latte socialist parasite. CroweDM The foreign white Anglo-Christian migrant heritage community of Australians, like PM ScoMo, is all about serving themselves. Since British-Whites illegally annexed Australia as British territory like they did with Ireland. This is all about pissing in the wind by the PM!
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Turnbull warns of 'catastrophic' future if we don't move to net zeroMalcolm Turnbull has rebuked his former colleagues for ignoring the cost of inaction on climate change, warning of an 'apocalyptic scenario'. CroweDM At a price, yes we can move to net zero - need nuclear power to achieve. However why would we bother when the world's biggest polluters, including China (30%) US (15%) & emergers like India & Indonesia continue to build coal plants - hundreds every year. Aust. has a total of 24. CroweDM Pity he didn’t have the balls to do something about this when he was PM TurnbullMalcolm CroweDM Who keeps hiring this loser to say things he didn’t have the spine to say 2 years ago?
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