Seven years ago, on this day, December 19th, 2017,
Australian mining company BHP releases review of industry associations report, pulls out of World Coal Association and puts Minerals Council of Australia “on notice.” (See this report in Financial Times (paywalled).
The amount of carbon dioxide in the air was roughly 407ppm. As of 2024 it is 425ppm, but check here for daily measures.
The context was that the World Coal Association had been trying to talk up high emissions, low efficiency coal, (or maybe the other way around, it’s hard to tell) and generally being pugnacious in the culture wars. BHP no longer needed that because frankly, it had gotten out of thermal coal. And so, quitting a toxic trade association makes you look responsible. Especially since you can wag your finger at the Minerals Council, and hopefully get some of the activists off your back or at least pointing somewhere else for a little while.
What we learn is this is pretty standard behaviour of individual companies to try to signal their virtue by leaving especially toxic trade associations. They usually don’t do it till they’ve divested.
What happened next? As of December 2024, BHP is still a member of the MCA.
What do you think? Does this pass the ‘so what?’ threshold? Have I got facts wrong? Interpretation wrong? Please do comment on this post, unless you are a denialist, obvs.
Also on this day:
December 19, 1988 – the launch of “Ark”
December 19, 1991- Will UN negotiations go as usual and “commit us to global catastrophe”?