Antinuclear

The fact that the only new reactors are planned by non market economy countries. Business seems not to be interested in building new power plants without massive public subsidy. In the UK this means guaranteeing double the market price for the power supplied. You need very deep pockets to be engaged in the nuclear industry. Could it be that South Australia is in danger of exhausting itself financially and politically on going for the one big prise on the horizon that is actually a mirage when you get closer. We do have a history of doing that in the past. Would it not make better business sense to invest in renewables and ride that wave for the next 25 years or so, or is it that we can see what is right in front of us. We are already at 40% renewables, a manufacturing workforce itching for something to do and in need of greater independence in power supply.

I know that there are people who think about renewables like Bill Gates did in the early days of the internet when he said, “the internet was a novelty that would give way to something better”, though I do believe this sentiment does apply to the waste dump proposal. (BTW I don’t know if Bill likes renewables or what his attitude to Nuclear fuel is, just that people of high status can say some dumb things.)

Check out the outgoings references in this report: https://antinuclear.net/2016/05/06/major-financial-risks-for-south-australia-are-ignored-by-nuclear-fuel-cycle-royal-commission/

I think you’ll find the financial analysis in the Royal Commission somewhat lacking. https://www.facebook.com/groups/1021186047913052/