"BHP Billiton makes billion in profits every year from Australian resources," said activist Trish Harrup. "A carbon price is loose change to them just 0.6% of annual revenue, but a big deal for a clean future in Australia. Instead of standing up and paying for their pollution, BHP Billiton has been busy pressuring the Government to exempt them from the tax. Speaking on the carbon price at a 10 August luncheon, BHP Billiton Chairman Jacques Nasser re-iterated his opposition to a carbon price stating, "there is a huge downside… I'd slow it down." "By 'go-slow' BHP Billiton means 'no,'" said Harrup. "Scare-mongering about the threat of a carbon price while simultaneously planning a $48 billion expansion of iron ore operations in the Pilbara – one of the biggest resources projects in Australian history – is preposterous. It's time for BHP to pay their fair share."