Coalition
One of the Coalition's boldest commitments is to establish a nuclear power industry by building seven nuclear power plants in regional Australia.
The Coalition says under its plan the first reactor would be operational from 2035 or 2037 — depending on what technology is used.
Modelling commissioned by the Coalition suggested that plan would cost $331 billion to 2050, though the figure is disputed since that modelling assumed a smaller economy and smaller energy demands.
The life of ageing coal plants would be extended to cover the gap in the meantime.
Assisting to cover the gap would be a significant expansion to gas infrastructure through a $1 billion fund, and a requirement for the gas giants to reserve up to 20 per cent of uncontracted gas for the domestic market.
The Coalition expects that would lower the price of wholesale gas from $14 to less than $10 by the end of this year.
As part of its energy policy, the Coalition would also fast-track the approval of Woodside's North West Shelf gas expansion, signing off within 30 days of taking office.
And it would end Labor's $20 billion Rewiring the Nation Fund, which has been investing in transmission technology to get the grid ready for more renewables.
The Coalition has also promised to defund the Environmental Defenders Office, which has become a political football, having its funding cut under former PM Tony Abbott and then restored under the Albanese government.
The Coalition has said it won't stand in the way of Labor's $150 power bill rebate promise.
Source: ABC NEWS
By political reporter Jake Evans.....................not sure if he is left wing but I'm sure you will let me know.
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