Antinuclear

Coalition’s nuclear gambit will cost Australia trillions – and permanently gut its industry

 The modelling cited extensively by the federal Coalition to defend its
nuclear power fantasies is predicated on a massive hollowing out of
Australian industry.

Climate Energy Finance (CEF) published a report on
Thursday examining the economic implications of the nuclear pathway
modelled by Frontier Economics for Australia’s energy transition.
Frontier concludes its $A331 billion costed nuclear scenario is somehow
better than the Australian Energy Market Operator’s Integrated System
Plan’s (ISP) Step Change scenario cost, which they calculate at $594
billion by bizarrely ignoring the massive cost of the resulting cumulative
$3.5 trillion reduction in Australian gross domestic product (GDP) by 2050.

 Renew Economy 24th April 2025 https://reneweconomy.com.au/coalitions-nuclear-gambit-will-cost-australia-trillions-and-permanently-gut-its-industry/

April 24, 2025 - Posted by Christina Macpherson | business