"... That a widely diversified world-wide miner like BHP now finds that it is un-economic to invest in Australia due to the regressive and draconian cash-grabs disguised as taxes in the carbon-dioxide tax and the MRRT tells the complete story..."
Hold on a minute; BHP may have shelved expansion plans for Olympic Dam but that doesn't mean the project is dead and buried.
Nor does it mean that BHP is closing all of its operations in Australia. In fact some of its operations in Australia are being expanded.
BHP's biggest costs last financial year had nothing to do with the MRRT /CT-ETS. They related to matters absolutely under management control; Petrohawk is just one example.
