Duddos great big nuke plan AGL Energy's CEO Damien Nicks “There...

Duddos great big nuke plan

AGL Energy's CEO Damien Nicks
“There is no viable schedule for the regulation or development of nuclear energy in Australia, and the cost, build time and public opinion are all prohibitive,"

Duddo- na na, it’s good

Origin Energy
“At this stage, our primary focus is adding more supply from these mature low-emissions technologies,”

Duddo- na na, it’s good

Alinta Energy's CEO Jeff Dimery is not considering nuclear at all.
When he addressed the Press Club in April, Mr Dimery compared the federal opposition's plans to replace coal plants with nuclear power to "looking for unicorns in the garden".

Duddo- na na, it’s good

Brett Chatfield, the chief investment officer of Cbus Super,
“We don't see nuclear as really a part of the energy transition going forward."

"We're much more focused on the renewable area — offshore and onshore wind, and solar as well."

Cbus manages over $85 billion worth of retirement savings for more than 910,000 Australian workers.”

Duddo- na na, it’s good

Fortescue, Andrew Forrest
“I've looked at nuclear and it does not stack up," he said.

"We cannot let politicians, trying to use a point of difference to get elected at any cost,”

Duddo- na na, it’s good

The head of global infrastructure at IMF Investors, Kyle Mangini, said it was "virtually impossible" for the private sector to take on the financial risk of building nuclear reactors without taxpayer subsidies.

"If you look at where the nuclear facilities are being built globally, they're almost in all cases being built by governments," said Mr Mangini, who manages $110 billion worth of energy and infrastructure investments in his role.

"In Australia, there's never been a nuclear facility built, so there's no skilled labour force.

"And that's just the beginning; “

Duddo- na na, it’s good

Maple-Brown Abbott portfolio manager Phillip Hudak …
“The biggest problem of nuclear energy is "the technology in the Australian context is entirely unproven", according to Climate Energy Finance director Tim Buckley,

"We don't have any of the supply chains, any of the labour, skilled workforce or knowledge to actually do it," he said…
So it's bizarre that anyone would claim nuclear could be built in Australia without massive multi-decade government financial support,"

Duddo- na na, it’s good


Angus - “yeah, like what he said “

https://www.abc.net.au/news/2024-06...tm_campaign=abc_news_app&utm_content=link