BHP Billiton finds its soul; or Marius Kloppers sees a business advantage in pricing carbon
Has anyone wondered why the CEO of BHP Billiton Australia, Marius Kloppers, was against Kevin Rudd’s CPRS & Resource Super Profits scheme, but this week comes out ahead of anyone else to announce that Australia has to ‘get moving’ on carbon pricing?
Kloppers is a smart man, who out-maneuvered everyone on the recent mining tax negotiations. Keep that in mind, when answering this multiple choice question. And also remember, that a tax is a tax, no matter how many times you rename it, or whether you put happy-feeling words in its title.
So, is Marius Kloppers:
(a) Suddenly mad;
(b) In secret negotiations with Prime Minister Julia Gillard which could benefit BHP if he were to shout support pre-emptively (Labor modus operandi involves hanging someone else out to test public sentiment & then backing away if it goes badly);
(c) Keenly aware that it would be in the interests of shareholders and BHP to price out smaller competitors;
(d) In Team Julia, not Team Kevin; or
(e) A Greenie.
The Australia where everyone had a chance to ‘have a go’ and where small companies could work hard and grow, might just be behind us. The fact that no-one is shouting “anti-competitive behavior” is most vexing.
Australia: vibrant and competitive one day … dull and anti-competitive the next….