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BHP Revises Climate Change Policy

BHP Billiton, the world’s biggest miner, has released its revised climate change policy (PDF), ABC reports.

There are four key elements to the plan, which commits $350 million, less than 0.2 percent of BHP Billiton’s net annual profit, to the research and development of clean coal technologies, as well as a strategy for helping staff and customers to change their behaviors.

According to BHP, “The policy includes new targets to reduce the energy and greenhouse intensity of our products by a further 13 percent and 6 percent respectively by 2012. It builds on our previous achievements, which include a 12 percent improvement in our greenhouse intensity over the period 1996 -? 2000.”

The policy is more outward-looking than inward-looking, because it is not necessarily focused on reducing the carbon emissions that come from the company’s mining activities, according to the article.

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