Energy Shocks Will Slow Climate Action, Top Mining Executive Says

Ongoing energy disruptions will set back efforts to curb greenhouse gas emissions as nations prioritize supply security, according to one of the most senior executives at the world’s top mining company, BHP Group.

“Geopolitical fragmentation has repositioned resources and energy from traded commodities into instruments of national power,” Geraldine Slattery, president of BHP’s Australian operations, which include vast iron ore to copper mines, said in a speech in Canberra. “Resource and energy security and affordability have overtaken supply chain decarbonization as the dominant policy priority in many major economies.”