MELBOURNE ¨C Australia needs to match energy policies being unfurled by other countries to make the most of its green energy advantage, the head of Fortescue Metals Group¡¯s energy unit said on Monday, as he gave details on five projects it wants to develop.
The U.S. Inflation Reduction Act has been met by policy responses from a range of jurisdictions including the European Union, Canada, Gulf states and India.
¡°What we would love to see is really some incentives being built into a bilateral (deal) with certain countries, for example Germany,¡± Fortescue Future Industries CEO Mark Hutchinson said, adding they should closely match the incentives in the U.S. Inflation Reduction Act.
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