10 Breakthrough Technologies 2024

Some wealthy fossil fuel producing–countries and their energy corporations are studying the tea leaves and devising scenarios to avoid being overly exposed to high-carbon assets in an aggressive energy transition. Australia, a serious exporter of coal and LNG, is well endowed in energy transition minerals and has put fourth nationwide coverage to increase its prominence in these markets. Like the United States, Australia has turn into increasingly focused on onshoring value-add trade Technology news like photo voltaic manufacturing, important minerals processing, and some low-carbon heavy business corresponding to clear steel production. Saudi Arabia, a leading oil producer and OPEC member, has recently cut back on increasing oil production, citing the energy transition. But the Saudis have also initiated a wide-ranging strategy to spend money on power transition minerals, both domestically and overseas.