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To deal with environmental issues such as climate change, countries around the world must learn to deal with supply chain issues
Although environmental problems are improving in some developed countries, they are bound to bring more challenges if the economy is to grow rapidly, as demand may outstrip supply in many key areas of the new energy supply chain.
In this year, many governments in the world have provided strong policy support and financial subsidies for the development of new energy.
In June, for example, Australia's prime minister formally pledged to cut greenhouse gas emissions by 43 percent by the end of the decade. Meanwhile, the government has pledged to increase the share of low-cost new energy in the national electricity market to 82 percent by 2030. This commitment is consistent with that of State and Territory governments.
The Australian government has introduced supportive policies, including up to $3 billion to invest in new energy industries and a commitment to invest in 85 solar banks and 400 community batteries across Australia.
This is good news. The relevant policies of the Australian government will enable Australia to become an active player on the global stage of protecting the environment.
As COVID-19 and the growing popularity of electric vehicles, decarbonization targets and the energy transition all bring changes to the development of new energy globally, Australia's renewable energy industry has also presented a triple challenge: supply chain issues, price increases and a global chip shortage.
To realize this great dream, each of our industries must strengthen cooperation, work together and dare to face a variety of challenges.
According to the study of relevant structure, the price of new energy products is constantly rising due to supply chain problems, and the delivery time of products is constantly extended, some of which are as long as 6 months to 10 months.
To enable the rapid development of the new energy sector and to achieve our great environmental goals, countries need to strengthen cooperation, according to their respective capabilities, for this great goal is essential.
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