Signing of the Climate, Critical Minerals and Clean Energy Transformation Compact

Transcript
20 May 2023
Hiroshima, Japan
Prime Minister, President of the United States of America
Climate, Critical Minerals and Clean Energy Transformation Compact.
E&OE

JOSEPH R. BIDEN, PRESIDENT OF THE UNITED STATES OF AMERICA: This statement of intent is a testament to our close, bilateral cooperation. I mean that - close. We're going to establish climate and clean energy as the third pillar of the Australia-US Alliance. This contract can enable the expansion and diversification of clean energy supply chains, especially as it relates to critical materials. And I want to thank you for your leadership, Mr. Prime Minister. We’re going to sign this, we have a statement, and then you might want to say something now.

ANTHONY ALBANESE, PRIME MINISTER: Thank you, Mr. President. Thank you for your leadership through the Inflation Reduction Act in the United States, but also through your leadership internationally as well. Including Australia, proudly, in your Major Economies Forum that met virtually just a few weeks ago. And Australia is back around the table, and what we know is that action on climate change, I say, is the entry-fee to credibility in the Indo-Pacific. Many of our neighbours understand that climate change is an existential threat. And what we understand is that it's an important component of our national security, and that's why it is an important component, an essential part of our alliance. And thank you for the work that you're doing with us in cooperation. And this is a further step forward today.

PRESIDENT OF THE UNITED STATES OF AMERICA: You're a great partner. We’re going to sign these. 

ENDS