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Australia has gone from a leader of the pack in commodity exports to a laggard, as prices of resources more dependent on China struggle to build momentum.

France has boosted electricity exports by 500% during the first quarter of 2024 from the same period in 2023, and is forecast to lift net electricity exports to a new record for the full year, according to data from Energy Charts and LSEG.

Shell's forecast that global demand for liquefied natural gas (LNG) will surge by more than 50% by 2040 is both bold and questionable, with some of the underlying assumptions not supported by current trends, especially in the key Asia markets.

China's imports of major commodities have made a strong start to the new year, but caution is warranted in reading too much into the robust January figures because of the potential influence of the upcoming Lunar New year holidays.

Australia's power sector drove total emissions from electricity generation to the lowest annual total this century in 2023, thanks to steep cuts to fossil fuel use and big jumps in clean energy generation, data from think tank Ember shows.