Australia’s fuel tax break slowing BHP’s decarbonisation, mining giant’s investors warned

Removal of tax credit would incentivise electrification of truck and rail fleets, Australian Centre for Corporate Responsibility says Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast A briefing document circulated to BHP investors has warned that the federal government’s fuel tax break is acting as a handbrake on the decarbonisation of the miner’s Australian operations. Earlier this year, a leaked cache of documents obtained by Guardian Australia and the ABC’s Four Corners revealed BHP had halted or delayed key emissions reductions projects, just years after describing climate change as an “existential” threat that required the greatest mobilisation since the second world war. The leaked documents showed how BHP, a major polluter and one of the world’s worst historic contributors to the climate crisis, had shelved massive renewables projects in Western Australia, pushed back the electrification of its highly polluting Pilbara diesel truck fleet, and scrapped a processing plant that would have significantly cut emissions for its steel making customers. A briefing document distributed this week to BHP inves