Japan and Australia pledge deeper ties on energy, climate

"At the heart of our relationship is that understanding that Japan's energy security in a high part is reliant on Australia's energy resources that it could provide to them and that's been built off the back of many decades of investment," she said. Asked earlier by the Financial Review about whether he still had concerns about the safeguard mechanism, Mr Nishimura appeared to link Japan's future investment in hydrogen, ammonia and critical minerals to the issue by twice emphasising the importance of a stable investment environment. "These projects are supported by a stable investment environment," he said in a written…