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ALP concerned about spending money, page-7

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AmbrosePethick

20,062 Posts.

18/09/23

11:17

Post #: 69898013
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Originally posted by Yoggit: ↑

After spending an enormous amount of taxpayer dollars on submarines the ALP is now concerned with spending taxpayer dollars.

Energy minister says replacing coal-fired power stations with nuclear would cost $387 billion

The federal government has released figures to try to shut down growing calls from the opposition to consider nuclear power as part of Australia's future energy mix.

Energy Minister Chris Bowen said new analysis showed that using nuclear power to replace retiring coal-fired power stations would cost $387 billion.

"When you put the most expensive form of energy into the system, there is a massive cost to pay," he told RN breakfast.

"It's a unicorn and a fantasy and someone has to pay for them if they are really serious about this plan.

"The government's current plan is to invest in clean energy projects through what is known as "Rewiring the Nation" at a cost of $20 billion.
[,,,]
https://www.abc.net.au/news/2023-09-18/energy-minister-says-nuclear-power-too-expensive/102868218

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The CSIRO reckons that $20 Billion is actually more likely $1,000 Billion
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