Antinuclear

Australian news, and some related international items

Dutton’s promises billions for fossil fuels and a smaller economy for the rest of us.

John Howard once warned climate action would lead to a smaller economy. Now Peter Dutton promises a smaller economy with no action.

Bernard Keane, Crikey, Dec 16, 2024

Peter Dutton’s steady progress away from the traditions of his own party continued in Friday’s nuclear policy costings, one of the more disingenuous documents foisted on Australians by either party for quite some time.

While experts rapidly spotted the deep flaws, bizarre assumptions and inconsistencies in the freebie modelling performed by the Coalition’s longtime advisers at Frontier Economics — and the implications for Australia’s millions of solar rooftop owners — the problems were so apparent that mainstream media commentators spotted them. Even right-wing economists tore the numbers apart.

Given that the job of the Coalition and Frontier Economics was to invent a set of numbers to claim that a build-from-scratch nuclear power industry would be cheaper than renewables with storage — when the objective truth is the latter is far cheaper — it’s unsurprising the modelling was so shambolic…………………………….. (Subscribers only )  https://www.crikey.com.au/2024/12/16/peter-dutton-nuclear-plan-costing-fossil-fuels-coal-economy/

December 16, 2024 - Posted by | business, politics

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