The National Audit Office has warned that the Department for Transport lacks a defined risk appetite as it plans £1.1bn of innovation spending between 2022/23 and 2029/30 on areas such as maritime decarbonisation and sustainable aviation fuel. While Network Rail, National Highways and HS2 Ltd have clearer portfolio management and prioritisation processes, DfT’s central team has limited strategic oversight of innovation across modes. NAO head Gareth Davies said clearer risk thresholds and better data are needed to judge value for money and move concepts into practical deployment.

Australia’s 2026–27 Federal Budget is drawing support from the mining sector for measures to bolster fuel security, including backing for domestic refining and storage that reduces exposure to imported diesel and marine fuels. Industry groups are also welcoming commitments to streamline project approvals, with a focus on faster environmental permitting and clearer timelines for major resources projects. Exploration companies, however, are pressing for stronger direct incentives such as expanded flow-through shares or targeted tax credits to sustain greenfields drilling.

A new performance evaluation under the Net Zero Carbon Building Standard now lets buildings that are not yet fully compliant benchmark operational and embodied carbon using the same metrics as aligned assets. The framework standardises reporting of whole-life carbon, enabling consistent comparison of energy use, material emissions and retrofit performance across mixed portfolios. For engineers, this supports more granular targeting of fabric upgrades, services optimisation and low‑carbon materials, while still working within existing design, occupancy and budget constraints.