Australia’s Opposition Reveals $211 Billion Nuclear Plan
- Coalition leader Dutton says reactors can be ready by 2036
- Experts say nuclear is more expensive than renewable energy
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Australia’s main opposition group laid out a A$331 billion ($211 billion) plan to create a taxpayer-funded nuclear power industry in just over a decade, despite the nation’s top scientists saying renewable energy such as wind and solar energy is more cost effective.
The center-right Liberal Party leader Peter Dutton announced the cost of his nuclear policy at a press conference in Brisbane on Friday, making it a major plank of the election platform of his coalition with the National Party before an election due by May. It comes amid a global resurgence in the technology after a surge in energy prices following Russia’s 2022 invasion of Ukraine.