Antinuclear

Shadow Treasurer Angus Taylor appears to struggle sharing cost of Coalition’s nuclear policy

Shadow Treasurer Angus Taylor appeared to repeatedly stumble over the cost of the Coalition’s flagship nuclear policy.

Jessica Wang, March 23, 2025, news.com.au

Shadow Treasurer Angus Taylor has repeatedly refused to directly answer questions around the cost of the Coalition’s nuclear policy, in a confusing pre-budget interview on the Opposition’s flagship policies.

Appearing on ABC’s Insiders on Sunday, Mr Taylor was repeatedly questioned by host David Speers on the cost of the Coalition’s plan to build seven state-owned reactors by 2050, with the first two reactors set to come online by 2035.

Despite the Opposition releasing its costing policies conducted by Frontier Economics in December, which said the Coalition’s energy plan would cost $331bn, Mr Taylor repeatedly avoided giving a figure.

Instead he stuck to the Coalition’s attack lines, stating: “44 per cent less than the alternative (Labor’s plan)”.

“I’m just asking what it’s going to cost Australia to build nuclear power?” said Speers, for asked Mr Taylor for the costing details 14 times.

Sharing multiple variations of the same answer during the three-minute grilling, Mr Taylor responded with: “44 per cent less than the alternative,” before comparing the costings between the two policies.

The Frontier modelling suggested the total cost of Labor’s policy, which includes its renewables rollout, transmission lines and gas would cost about $642bn to 2050, figures Labor has rejected.

The figures contradicts $122bn figure put forward by the Australian Energy Market Operator, which covers generation, storage and transmission infrastructure……………………………………………………. https://www.news.com.au/national/politics/shadow-treasurer-angus-taylor-appears-to-struggle-sharing-cost-of-coalitions-nuclear-policy/news-story/cd3cd5cf13ea68b8fc33fb7bd80c0ea4

March 26, 2025 - Posted by Christina Macpherson | politics