The Anonymous Widower

BHP To Trial Battery Locos On Pilbara Iron Ore Network

The title of this post, is the same as that of this article on Railway Gazette.

The article summarised all the battery-electric locomotives ordered to bring the iron ore to the coast by mining companies; BHP, Fortescue, Rio Tinto and Roy Hill.

The article indicates some of the innovative operations that will be tried. This is a sentence from the article.

A key element will be to assess the potential for capturing regenerated braking energy on the loaded downhill runs, and storing it to power empty trains back uphill to the mines.

I would hope that the South Wales Metro, the Buxton branch and the East Kilbride branch will use similar energy conservation techniques.

January 26, 2022 Posted by | Transport/Travel, Energy | , , , , , , , , , | 6 Comments

Aviva To Eject Company Directors If Climate Goals Are Not Met

The title of this post is the same as that of this article in The Sunday Times.

Increasingly, I am seeing company boards taking decisions, that will cut their company’s carbon footprint.

Only yesterday, I wrote Suppliers Sought For New Bi-Mode Locomotives For TransPennine Express And Great Western Railway, which was about First Group’s moves to decarbonise some of their locomotive-hauled trains.

I have also written about BHP, BP, Fortescue, Go-Ahead and Rio-Tinto taking action to decarbonise.

It does seem that some company boards are following Aviva’s guidance, but then it is in the directors own interest.

Many directors of large companies own shares and in a big public company, these are publicly traded.

I would suspect, that if a company board, do the right thing in terms of decarbonisation, that the share price will rise.

So by following the accepted climate science, they are actually helping themselves.

If they don’t believe that, then aggressive shareholders from Norwich will punish them.

January 23, 2022 Posted by | Business, Transport/Travel, Finance | , , , , , , | 2 Comments

BHP Joins The Party On Electric Rail

The title of this post, is the same as that of this article on Australian Mining.

This is the introductory paragraph.

BHP will add four battery-electric locomotives to its Western Australian rail network, becoming the fourth major miner to improve rail decarbonisation efforts in Australia since mid-December.

These are some details of the locomotives.

  • Two are from Progress Rail and two are from Wabtec.
  • The locomotives have 14.5 MWh batteries.
  • The locomotives will be delivered by 2023.

BHP will also investigate the use of regenerative braking using the topography of the rail route.

With four companies going electric, it does seem that Australian mining, is very much driving the move to battery-electric heavy-haul freight.

Considering, that Wabtec only formally launched the FLXdrive concept in Pittsburgh in September last year, which I wrote about in FLXdrive ‘Electrifies’ Pittsburgh, that would appear to have been good going.

 

January 17, 2022 Posted by | Transport/Travel | , , , , , , , , | 3 Comments

BHP Investor Revolt Over Links To Fossil Fuel Lobby

The title of this post, is the same as that of this article on The Times.

This is the introductory paragraph.

BHP is facing a shareholder revolt after influential investors urged the giant miner to suspend membership of contentious trade groups that lobby for the fossil fuels industry.

So who are these revolting investors?

Greenpeace with a couple of shares and a lot of placards!

No!

They are Standard Life Aberdeen and Aviva, who are two of the biggest financial beasts in the City of London, with support from the Church of England.

It’ll be an interesting Annual General Meeting next week!

October 10, 2019 Posted by | Business, Finance | , , , | Leave a comment