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7 nuclear power plants for Aus - go LNP!, page-451

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Giobria

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20/06/24

16:05

Post #: 74411312
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Originally posted by Budweiser54: ↑

But if you are interested in the Canadian nuclear approach, you might want to look at the sheer amount of subsidies the Ca government has provided to set it up

How does that stack up against the sheer amount of subsidies that the Australian governmemt throws to set up our part time renewable power gteneration?

This paper quantifies the value of subsidies from the federal government to the renewables industry over the 10 years to financial year 2022-23. It finds that over that time, Australian taxpayers and electricity customers have paid more than $29 billion in subsidies to producers of renewable electricity through federal government schemes.

https://www.cis.org.au/publication/counting-the-cost-subsidies-for-renewable-energy/

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thats over 10 years. It pales against the $14 Billion in one year for fossil fuel.
https://australiainstitute.org.au/report/fossil-fuel-subsidies-in-australia-2024/
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