Climate minister Chris Bowen says replacing coal-fired power stations with nuclear would cost $387 billion
The government says replacing Australia’s retiring fleet of coal-fired power stations with nuclear energy would cost some $387 billion.
- The government says replacing Australia’s retiring fleet of coal-fired power stations with nuclear energy would cost some $387 billion.
- The costing, put out by the Climate Change and Energy Minister Chris Bowen, is a pre-emptive strike against the opposition, which is moving to include nuclear power in the energy policy it takes to the next election.
- Bowen said the nuclear option would represent a $25,000 cost impost on each of more than 15 million Australian taxpayers.
- Bowen describes the opposition’s pursuit of nuclear energy as a pipe dream, saying nuclear is around three times more expensive than firmed renewables.