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BHP's offloading of oil and gas assets shows the global market has turned on fossil fuels

  • Written by John Quiggin, Professor, School of Economics, The University of Queensland
BHP's offloading of oil and gas assets shows the global market has turned on fossil fuels

The announcement by BHP, the world’s second-largest mining company, that it will shift its oil and gas assets into a joint venture with Australian outfit Woodside is a clear indication the “Big Australian” is getting out of the carbon-based fuel industry.

BHP has also been offloading thermal coal assets. It sold its share in the...

Read more: BHP's offloading of oil and gas assets shows the global market has turned on fossil fuels

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