Empowering Palestine: Prime Minister Announces Groundbreaking Project to Boost Energy Economy
President Biden and Prime Minister Trudeau highlighted the U.S. Inflation Reduction Act and Canada’s Emissions Reduction Plan as foundational elements to leading the clean energy future through robust clean energy industrial policies that help mobilize technological innovation, bolster resilient supply chains, strengthen our respective economies and expand the middle class, while keeping our environment healthy for future generations.
Australia and the United States signed a statement of intent to advance their climate cooperation through the Australia-United States Climate, Critical Minerals, and Clean Energy Transformation Compact. Under the Compact, the countries intend for their private sectors, resources, and industrial strength to drive innovation and accelerate the establishment of a responsible, secure, and inclusive global clean energy economy. They also intend to coordinate to spur the diversification and expansion of clean energy supply chains, address the growing energy demands of the Indo-Pacific, and enhance the Indo-Pacific’s role as a primary driver of global prosperity.
The newly-established Australia-U.S. Forum on Clean Energy Industrial Transformation and Taskforce on Critical Minerals will allow both countries to collaborate on clean energy technologies and supply chains.
The UK government is driving forward plans to boost renewables, revive nuclear, and build new thriving industries like carbon capture, which will create good jobs across the country and provide new opportunities for British businesses at home and abroad. These initiatives aim to maintain the UK’s world-leading action to reach net zero.
The Prime Ministers of Australia and India underscored their commitment to encourage climate action while ensuring energy security, job creation, poverty reduction, and continuing international collaboration. They also highlighted the importance of opportunities for two-way investment in grid infrastructure and the entire spectrum of renewable energy technologies, including large scale generation, storage, green hydrogen, and critical minerals/battery supply chain investment.