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Trump protectionism threatens energy transition, warns BHP chief

Mike Henry says shifting US policies risk slowing allocation of capital to projects essential to renewables switch

US protectionism under president-elect Donald Trump risks delaying the global shift to green energy, according to the chief executive of miner BHP.

Trump’s proposed import tariffs and the rising risk of a global trade war present a “key challenge for the energy transition”, Mike Henry told the Financial Times. 

Australia-based BHP owns the world’s biggest copper mine, one of the metals crucial to the decarbonisation of energy systems because it is needed for components in technologies ranging from electricity cables to wind turbines and solar panels.

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