New agreement to fast-track climate solutions signed as countries underscore need for diversified supply chains
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The US and Australia have stressed the importance of breaking the near-complete reliance on China for zero emissions technology supplies while signing a new agreement that promises to accelerate the development of climate solutions.
In a joint press conference in Sydney, the US energy secretary, Jennifer Granholm, and the Australian climate change and energy minister, Chris Bowen, announced a “net zero technology acceleration partnership”, including an initial focus on long-duration energy storage and digitising power grids.