Trump’s Energy Boom Leaves Australia Struggling to Compete ...Middle East

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Trump’s Energy Boom Leaves Australia Struggling to Compete
source : OILPRICE ( Middle East ) () 54
Woodside Energy’s CEO Meg O’Neill isn’t sugarcoating it—Australia is losing ground in the global energy race, and Donald Trump’s aggressive push to ramp up U.S. fossil fuel production is only making things worse. Speaking at the Melbourne Mining Club this week, O’Neill warned that Australia’s regulatory hurdles, environmental red tape, and high costs are pushing investment away, while the U.S. is rolling out the red carpet for energy projects, the FT has reported. “Australia is not competing,”…

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