AUSTRALIA

BHP dismisses carbon policy and divestment risks

BHP Billiton has dismissed concerns about the "carbon bubble" of unburnable fossil fuels in its 2014 Sustainability Report, saying it is not at material risk.

Richard Collins

"Using a range of carbon prices and commodity demand and pricing assumptions across a variety of internally consistent scenarios, we have determined that BHP Billiton's overall asset valuation is not at...

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