Some of Australia’s biggest heavy industrial companies – including BHP, BlueScope, Rio Tinto and Woodside – say urgent action is needed from governments, investors and business for Australia to cut greenhouse gas emissions in line with its goal of limiting global heating to 1.5C.
A joint statement signed by 17 members of the Australian Industry Energy Transitions Initiative follows their support for a report in February that found they could cut direct emissions in their supply chains by more than 90% by 2050 without relying heavily on carbon offsets.