Australian Energy Minister Rejects Idea of Nuclear Industry

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 15 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 98%

Energy News

Australia,Nuclear Industry,Government Subsidy

The energy minister, Chris Bowen, dismisses the idea of establishing a nuclear industry in Australia and criticizes the opposition's plan to give up on renewables.

The energy minister, Chris Bowen, says establishing a nuclear industry in Australia would require ‘eye-watering amounts of government taxpayer subsid’.Energy minister says average build time for a nuclear plant in US is 19 years and giving up on renewables would be a ‘massive economic own goal’The federal energy minister, Chris Bowen, has dismissed Coalition MP Ted O’Brien’s claim that Australia could develop a nuclear power industry within a decade, stating: “Tell him he’s dreaming.

” The mocking comment on Sunday came as the government continued to pour scorn on the opposition’s speculative alternative plan to renewable energy. O’Brien said the Coalition was in the “advanced stages” of finalising its policy, which is not expected to be unveiled for several week

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy stocks GNX: The ASX is not the place for pure energy transition betsThe ASX just hasn’t cracked it as a destination for the next wave of green electricity generators. Genex Power is the latest to be worth more in private hands.
Source: FinancialReview - 🏆 2. / 90 Read more »