Arthur Sinodinos: Australia can boost the critical and emerging technologies sector in the US

·

Australian Ambassador to the United States, Arthur Sinodinos AO, has today discussed the Biden administration’s first 100 days in office, during a special digital conference hosted by the Australian Chamber of Commerce and Industry.

Mr Sinodinos began the talk by saying that although he never imagined he’d be in the United States in the middle of a pandemic, the race riots and a derisive election, he still believed President Biden has “hit the ground running” with his economic, public health and environmental policies.

“The priority of the Biden administration from day one was to get COVID under control because they know that if COVID is not under control, they couldn’t consolidate the economic recovery and be able to realise all their other plans,” Mr Sinodinos said during the conference, before discussing the current fiscal and monetary policies in the US.

Climate change:

From there, Mr Sinodinos discussed the Biden administration’s environmental policies, stressing how they have announced a “climate infrastructure package” which sets ambitious climate change targets.

Over 100 people attended the digital conference.

“Climate change is a whole of government priority in the US. The US government across the board is very joined up on this and what that means is they’re committed to ambitious targets,” the Ambassador said.

“They announced at the Climate Summit, 50-55% reduction in emissions by 2030. They’re committed to net zero by 2050, they want to decarbonise the power sector by 2035. They’ve got a big package to promote electric vehicles. So they’re really going to go hard.”

The critical and emerging technologies sector:

Mr Sinodinos then went on to talk about the Quadrilateral Security Dialogue (QUAD), which is an informal strategic dialogue between the United States, Japan, Australia and India. Within this dialogue, there are a number of current working groups on vaccines, climate change and critical and emerging technologies.

Mr Sinodinos was asked many insightful questions.

The Ambassador focused on the ‘critical and emerging technologies’ sector in particular and described how Australia can play an important role in the area in the US.

“This sector covers areas like critical minerals, which are becoming very important in electric vehicles, in providing batteries and magnets for renewable energies… that’s an area where Australia can play a major role with the US because we have alot of the rarest minerals which are necessary for that purpose,” Mr Sinodinos said.

“The challenge for the West, for countries like Australia, is to work together and invest in those areas and to set the rules and standards. Because he or she who sets the rules and standards in these industries of tomorrow is likely to dominate those sectors.”

This strong opinion sparked debate between the over 100 people who attended the digital conference, with many asking questions after Mr Sinodinos’ keynote speech. In the end, it was an insightful event enjoyed by all.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Kimberly Guilfoyle’s nomination for US Ambassador to Greece advances to full Senate

Kimberly Guilfoyle’s nomination to serve as US Ambassador to Greece has won approval from Senate Foreign Relations Committee.

Kalymnian Brotherhood of Darwin threatens legal action over octopus dispute

The Kalymnian Brotherhood of Darwin is threatening legal action against the NT Government following a food safety dispute over octopus.

‘Want to honour legacy’: Con Kalamaras on Estudiantina’s soulful tribute to Greek music icons

In the lead-up to the show, The Greek Herald spoke with Estudiantina member and organiser Con Kalamaras about what to expect.

Meet the Greek sisters behind Adora: A 30-year legacy of handmade chocolate and heart

If you’re looking for a new spot in Sydney to satisfy your sweet cravings, Adora Handmade Chocolates is the place to be.

Young artists shine in ‘First Light’ exhibition at opening of That Art Place in Carlton

More than 65 young artists from the St George area in Sydney had their creative moment in the spotlight on Saturday, July 12.

You May Also Like

Australia’s ambassador to Greece joins foreign diplomats in reciting Greek literature for #StayHome campaign

Australia’s ambassador to Greece Thanassis ‘Arthur’ Spyrou was included in the recently released video, reciting Yannis Ritsos' poem, 'Monochords'.

Greek government introduces new e-prescribing system for vulnerable citizens during coronavirus crisis

Greek Prime Minister, Kyriakos Mitsotakis, has launched a new electronic prescription system for vulnerable citizens unable to visit their doctor due to the country's lockdown restrictions.

Archontia Mantzaridou, Kyriaki Melliou aim to preserve migrant stories of Kytherians in Australia

Suitcases loaded with dreams and nostalgia, while the Greek diaspora landed on the shores of Australia in the 1950s and 60s