Revealed: the internal BHP memo that slammed the brakes on world’s biggest miner’s climate push

In the middle of 2019, London was sweltering through a heatwave. Temperature records tumbled. Frail, ill and elderly people died in their hundreds. In a city not built for heat, trains were brought to a halt. Railway lines threatened to buckle and sagging power lines caused spot fires along the tracks. Across the channel, Belgium, the Netherlands and Germany also hit record temperatures. During the hottest week in late July, the then global chief executive of one of the world’s worst polluters was preparing to take the stage at a…

BHP quietly scrapped plan to build Pilbara plant that would have drastically cut emissions

BHP quietly dumped plans for an iron ore processing facility that would have cut emissions drastically, despite internally rating it as having “excellent social value” and being “well-aligned” to its shareholder-endorsed climate plan and decarbonisation targets. In 2025 the mining giant was well advanced in its plans to build a beneficiation plant near its Jimblebar open-cut mine in the Pilbara, which would greatly improve the purity and quality of its iron ore. BHP knew higher quality iron ore was desired by steelmakers across the globe, including in China, where government…

The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts

“Farewell,” the flag-waving Chinese children chanted to Donald Trump as he strolled along the red carpet back to Air Force One at the end of his summit with Xi Jinping in Beijing. The US leader claimed he was leaving with a cluster of “fantastic” trade deals to sell US oil, jets and soya beans to China. That has not been confirmed by his smiling host, but one thing was crystal clear from the two days of meetings: the global balance of power is shifting, from the declining petrostate in the…

Trump may not be a fan of clean energy but Iran war is accelerating global shift from oil and gas | Heather Stewart

Operation Epic Fury has thus far achieved none of Donald Trump’s war aims, but it may well accelerate the global transition towards the clean energy he loves to hate. Last week brought the latest exchange of verbal blows in the standoff over the strait of Hormuz. Iran was “choking like a stuffed pig” on the oil it was unable to export because of the US blockade, Trump claimed. From Tehran, the supreme leader shot back that foreigners who “maliciously covet” the waterway “have no place there except at the bottom…

Reliance on Chinese green tech poses ‘serious’ risk for Europe, experts say

Europe is “sleepwalking” into a series of economic and national security problems because of an over-reliance on Chinese green technology, according to experts. A report co-authored by Michael Collins, a former deputy head of national security strategy at the UK Cabinet Office, described the risks of depending on China for green tech as “serious”. “Europe risks sleepwalking into a series of economic and geopolitical national security problems because of over-reliance on Chinese low-carbon technology,” he said. The report said Europe was heavily dependent on Chinese green technology, with China supplying…

The great energy pivot: US oil and Chinese solar are the winners in Trump’s war on Iran

In the open seas, an armada of empty tankers has quietly turned west. A record number of super-sized vessels are now heading to the US, where oil drillers and refineries are preparing to profit from Donald Trump’s war in the Middle East. Almost 30 of these vessels, each able to hold 2m barrels of oil, are contracted to load US crude, destined for a global market facing the biggest supply crisis in history. It is just over five years since the shale revolution made the US a net energy exporter…

Clean energy generation exceeded rise in global electricity demand in 2025

Output from solar farms rose by a third while electricity from fossil fuels fell, research from thinktank reveals UK shifts older wind and solar farms to fixed-price deals to reduce price shocks All of last year’s growth in global electricity demand was met from renewable sources, while fossil fuel power generation remained flat, research has found, marking what many hope could become a turning point in the drive to phase out planet-heating fossil fuels. Solar power generation rose by nearly a third in 2025, marking a new record and faster…

As Iran war exposes global dependence on fossil fuels, the biggest emitters are reaping the rewards

Oil stands at about $110 a barrel and some forecasts have predicted it could reach $150. Food prices are on the rise and are expected to leap further owing to the fertiliser supply crunch, leading the World Food Programme USA to warn that global food insecurity could reach record levels, with 45 million more people pushed into acute hunger. Industries from steel to chemicals have alerted markets that they face shortages and soaring costs, while households across the world are feeling the pinch – people have been told to turn…

Will China own the green energy future? – podcast

The conflict in the Middle East has sent energy prices soaring, and for countries that import a high proportion of their fuel, it’s a reminder of the perils of energy dependence. As the recipient of almost 90% of Iran’s crude oil, China knows this only too well. Which partly explains why the country spent the last decade heavily investing in clean power. To find out what else could be driving the strategy, Madeleine Finlay speaks to senior China correspondent Amy Hawkins. And energy correspondent Jillian Ambrose reflects on how China’s…