Cutting BHP's $622m fuel rebate could make green projects pay off, investors told

Cutting BHP's $622m fuel rebate could make green projects pay off, investors told

ACCR has told BHP investors that scrapping the company's $622 million fuel tax credit — a government rebate on diesel excise — would turn four major decarbonisation projects from break-even to profitable. ACCR's Naomi Hogan says removing the concession would make most of BHP's fleet electrification plans 'financially viable.' The pitch reframes a mining subsidy as a distortion costing shareholders, not just an environmental concern.

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