Risk to New Energy Industry Without Reboot of Safeguard

Boris Johnson said the strategy, including new nuclear and offshore wind plans, would reduce the UK’s dependence on foreign sources of energy. Owen Humphreys/PA

Cleaner industries could be forced to dig deeper when it comes to reducing emissions to allow a bigger share of the carbon budget for coal and gas.

Australian raw mineral exports are powering the global energy transition with lithium production at a record high, according to a report issued on Monday, as the sector looks to start onshore refining.