00:01A vast mining company now facing questions over its climate targets.
00:07BHP's iron ore operations in Western Australia had planned to cut emissions by 22% by 2030.
00:14Internal documents show that figure is now just 1%.
00:19Resources Minister Madeline King today defended the $300 billion mining company.
00:25Are you concerned by those revelations?
00:27BHP is committed to cutting emissions.
00:30They will make their commercial decisions, as do others.
00:33And how they choose to reach net zero, and they have made that commitment clear,
00:37it really is a matter for BHP.
00:39But internal BHP documents show the company itself harbours major doubts about achieving net zero.
00:48In one document, BHP says the purchase of a new fleet of diesel trucks is
00:54inconsistent with pathways to net zero.
00:57In another, it said solutions are still being sought to achieve net zero.
01:03Energy and Climate Change Minister Chris Bowen said the government will review the safeguard mechanism this year,
01:10while insisting it is cutting emissions.
01:13I want to see all large emitters reducing emissions on site.
01:18That's replies to BHP and everyone else.
01:21The documents show BHP doesn't expect a material increase in carbon prices via the safeguard mechanism until 2040,
01:30meaning the company believes it won't be penalised for inaction for at least another decade.
01:36BHP said it continues to focus on delivering on its operational emissions targets and long term net zero goal.
01:45It's a very difficult time to use the
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