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Maybe I’m too sceptical, but I don’t believe a thing Rio Tinto say or any claim they make. They have created a hell of a mess here in New Zealand and the tax p
by lostlogin 3y ago
Maybe I’m too sceptical, but I don’t believe a thing Rio Tinto say or any claim they make.
They have created a hell of a mess here in New Zealand and the tax payer looks set to fund the cleanup.
They also engineer hostage situations with our power grid on a regular basis.
- defrost 3y agoThey routinely screwup like all large organisations, governments, churches, etc. and need to be watched with a razor eye. They're not markedly worse than run of the mill (for all their extreme f-ups in some places they have years of "as expected" somewhere else). My cousin has just exited New Zealand to work here thanks to (non Rio Tinto) Oil & Gas extracters going bankrupt and leaving the NZ taxpayer with a clean up bill. To clarify, that's the NZ-local operating arm of an international O&G energy Co. going locally bankrupt in NZ, not the parent company. That sucks. I blame the NZ Govt. (my apologies) for not getting up front { deposits | guarentees | meaningful bonds } to cover exit and rehabilition costs (which I understand they have recently introduced legislation to do so in future). All Corporations are Crooks! (in the sense that they will, at most, do the least they can). All that typed, here at least Rio is on the up and up in so far as they are in fact trialling solar power, hydrogen generation, and many things that are making running costs cheaper for Rio Tinto along with increased profits.