Devising a sector-agnostic, innovation-first coverage that features clear vitality may prove extra salient than seeking to pass one other local weather or vitality transition policy in the conventional sense. Some rich fossil fuel producing–countries and their power companies are reading the tea leaves and devising situations to keep away from being overly uncovered to high-carbon assets in an aggressive energy transition. Australia, a serious exporter of coal and LNG, is properly endowed in energy transition minerals and has put fourth national coverage to expand Technology news its prominence in these markets. Like the United States, Australia has turn out to be increasingly focused on onshoring value-add industry like photo voltaic manufacturing, critical minerals processing, and a few low-carbon heavy industry similar to clear metal manufacturing. Saudi Arabia, a quantity one oil producer and OPEC member, has recently in the discount of on expanding oil manufacturing, citing the power transition. But the Saudis have additionally initiated a wide-ranging strategy to invest in vitality transition minerals, each domestically and overseas.