A new pact between Australia and the United States highlights the pivotal role our nation’s mineral wealth will play in the clean energy transition. But it also underscores the massive effort now required from Australia.
Prime Minister Anthony Albanese and US President Joe Biden inked the landmark deal in Japan over the weekend. It cements cooperation between the two nations on climate action, including sharing resources and coordinating on clean energy policy and investment.
Australia and the US have been allies since the end of the Second World War. The new agreement adds climate action as a “third pillar” of the alliance between the two nations, along with defence and economic cooperation.