CSIRO's new GenCost report warns against nuclear power for Australia
3 months, 2 weeks ago

CSIRO's new GenCost report warns against nuclear power for Australia

Daily Mail  

A new report from the CSIRO has found nuclear energy does not stack up for Australia even after considering new parameters, with large-scale solar and big batteries still the lowest-cost option. In an official update released on Monday, as the federal opposition prepares to release its costings, Australia's leading science agency warns taxpayers will need deep pockets and a lead time of at least 15 years to develop nuclear energy generation. Opposition leader Peter Dutton has pledged to build two small modular reactors by 2035 Opposition leader Peter Dutton, eyeing sites in seven regional centres, has pledged to release the coalition's nuclear costings 'this week'. Opposition Leader Peter Dutton, eyeing sites in seven regional centres, has pledged to release the coalition's nuclear costings 'this week'. Advocates have demanded greater recognition of the potential cost advantages of nuclear's long operating life compared to solar panels and wind turbines, but CSIRO chief energy economist and GenCost lead author Paul Graham said he found none.

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History of this topic

Nuclear path would blow out Australia's emissions targets, new modelling shows
1 month ago

Nuclear path would blow out Australia's emissions targets, new modelling shows

ABC  

A senior Liberal senator has suggested the head of the country's leading climate body could be sacked if the Coalition wins the election, after the organisation released independent modelling into the party's nuclear plan. The Climate Change Authority has modelled the potential impacts of the Coalition's promise to build seven nuclear power plants by 2050, and concluded it would result …

Electricity generators concerned about nuclear costings
3 months, 2 weeks ago

Electricity generators concerned about nuclear costings

ABC  

Samantha Donovan: The Australian Energy Council is the peak body for the nation's electricity generators. Chief Executive Louisa Kinnear told David Sparkes the council is worried about what the coalition's costings haven't taken into account. Louisa Kinnear: Yeah, look, certainly the bulk of the proposed new and replacement generation to take over coal would predominantly be renewables, but that would …

Dutton's nuclear plan a 'heroic', cherrypicked 'recipe for higher energy bills', experts say
Trending News
3 months, 2 weeks ago

Dutton's nuclear plan a 'heroic', cherrypicked 'recipe for higher energy bills', experts say

ABC  

Some of the nation's top energy analysts have criticised the Coalition's nuclear plan, saying it will be more expensive, burn more carbon, result in a smaller economy and be more disruptive than Peter Dutton claims. "Economic models are interesting, valuable and some say essential, but they don't tell you what's going to happen until you try and build this kit," …

The devil in the detail of Dutton's nuclear costings
3 months, 2 weeks ago

The devil in the detail of Dutton's nuclear costings

ABC  

Peter Dutton has released the cost of his nuclear power plan. Coalition assumes less electricity, higher emissions First, the Coalition's $331 billion costing also assumes we will consume much less energy than it assumes under the Labor scenario. Coalition says nuclear option cheaper than renewables Photo shows Nuclear cooling towers Peter Dutton is today revealing long-awaited details of his nuclear …

Cunning showmanship as Coalition conflates details to sell its $331b nuclear power plan
3 months, 2 weeks ago

Cunning showmanship as Coalition conflates details to sell its $331b nuclear power plan

ABC  

There was no shortage of cunning showmanship when the Coalition stumped up to release its long-awaited $331 billion nuclear power plan. Having failed to follow through on previous pledges to detail the cost of establishing seven government-owned nuclear power plants, the Coalition waited for a Friday less than two weeks from Christmas to deliver the news. Coalition says nuclear option …

Coalition unveils nuclear costings, assuming smaller economy and higher emissions
Trending News
3 months, 2 weeks ago

Coalition unveils nuclear costings, assuming smaller economy and higher emissions

ABC  

Peter Dutton's nuclear power proposal relies on a smaller economy and higher carbon emissions, and would cost more than $300 billion, according to his long-awaited costing. Dutton's nuclear plan to cost $331 billion Photo shows Peter Dutton speaks at a press conference The opposition has finally put in place the last piece of its controversial nuclear policy, with modelling claiming …

CSIRO finds renewables cheaper than Nuclear
3 months, 2 weeks ago

CSIRO finds renewables cheaper than Nuclear

ABC  

Samantha Donovan: The CSIRO's annual assessment of the cost of future electricity generation has again concluded that a nuclear power plant would cost about twice as much as energy from renewable sources. Ken Baldwin: So the latest GenCost report has revised those figures slightly, but really it's not made a substantial difference to the relative cost of nuclear versus solar …

Chris Bowen and Ted O'Brien debate Australia's energy future, following release of CSIRO GenCost report
3 months, 2 weeks ago

Chris Bowen and Ted O'Brien debate Australia's energy future, following release of CSIRO GenCost report

ABC  

Shadow minister for energy and climate change Ted O'Brien says the Coalition's long-awaited nuclear energy costings will be released within the week. "We're not releasing our economics tonight but we will be over the next week," Mr O'Brien said before he criticised the government's energy plan and the associated cost. That report said that building a nuclear power plant in …

CSIRO reaffirms nuclear power likely to cost twice as much as renewables
3 months, 2 weeks ago

CSIRO reaffirms nuclear power likely to cost twice as much as renewables

ABC  

Building a nuclear power plant in Australia would likely cost twice as much as renewable energy even accounting for the much longer life-span of reactors, according to a new report from Australia's leading science agency. For these reasons, Mr Graham said there was no "unique" cost advantage offered by nuclear compared with renewable energy projects backed by transmission lines and …

The debate over Australia’s energy future
3 months, 2 weeks ago

The debate over Australia’s energy future

ABC  

SARAH FERGUSON, PRESENTER: Science is telling us bluntly - the earth is warming, with consequences in almost every domain of the way our lives are lived. SARAH FERGUSON: Let's come to that because I'm sure Ted O'Brien thinks they are arguable. SARAH FERGUSON: We'll get to that in a moment but let me just come back to you, Chris, on …

Labor set up an inquiry to derail public support for Dutton's nuclear ambitions. Some now wonder whether it's backfiring
3 months, 3 weeks ago

Labor set up an inquiry to derail public support for Dutton's nuclear ambitions. Some now wonder whether it's backfiring

ABC  

The Coalition's most vociferous nuclear convert has made the most of his position on a Labor-dominated committee investigating Australia's energy future. The public is no closer to learning how much the Coalition's nuclear plan would cost, when it would have any impact on their ever-increasing power bills or whether they'd be built in time to replace the coal-fired power stations …

Peter Dutton cops backlash over push to build seven nuclear power stations in Australia
3 months, 3 weeks ago

Peter Dutton cops backlash over push to build seven nuclear power stations in Australia

Daily Mail  

Aussies have hit back at plans to build nuclear power stations in the country as the Coalition ramps up its push to establish seven sites as part of its election promise. Wendy Farmer president of community group Voices of the Valley told a Parliamentary committee meeting in her area that 'Australia doesn't need nuclear power' The Loy Yang coal plant …

Should Australia embrace nuclear energy? Peter Dutton to unveil bold power plan today
6 months ago

Should Australia embrace nuclear energy? Peter Dutton to unveil bold power plan today

Daily Mail  

The Coaltion's push to build nuclear power plants around Australia will be fleshed out on Monday when Peter Dutton reveals more about the proposed seven sites across five states. Mr Dutton's will address the Committee for Economic Development of Australia about the nuclear energy plan which is set to become a pivotal issue in the next election campaign. Mr Dutton …

Nuclear would add hundreds to power bills and leave half of energy needs unmet, reports claim
6 months, 1 week ago

Nuclear would add hundreds to power bills and leave half of energy needs unmet, reports claim

ABC  

Two reports have laid out the challenge for Peter Dutton to convince Australia to turn nuclear, spelling out the risk of supply shortfalls and increases of hundreds of dollars to power bills to do so. The Institute for Energy Economics and Financial Analysis says power bills would have to rise by about $665 per year on average to meet the …

Australia’s Liberals Go Nuclear
8 months, 1 week ago

Australia’s Liberals Go Nuclear

The Diplomat  

Energy remains a central issue in Australian politics. While the Liberal Party is currently framing the proposal as one tied to Australia’s energy security, and as a way to meet Australia’s emissions targets, the impetus for the nuclear power plants is the AUKUS agreement for the U.S. and U.K. to supply Australia with eight new nuclear-powered submarines. While increasing Australia’s …

What Australia can learn from Canada's nuclear power industry
8 months, 1 week ago

What Australia can learn from Canada's nuclear power industry

ABC  

Nuclear energy is used by more than 30 countries to supply power to populations, with nations like Canada employing the technology since the 1960s. Here in Australia, the Coalition's recently revealed nuclear plan would see nuclear power stations built on seven retired or retiring coal fired power stations in five states across Australia, with both large-scale plants and SMRs under …

In Australia, energy crunch prompts a heated debate on going nuclear
8 months, 3 weeks ago

In Australia, energy crunch prompts a heated debate on going nuclear

Al Jazeera  

Australia’s opposition leader has proposed building the country’s first nuclear plants, but many are unconvinced. The facility, set in hilly, drought-prone grazing country, is one of seven sites where conservative opposition leader Peter Dutton plans to build Australia’s first nuclear energy power stations should his Liberal and National Party coalition win next year’s federal election. Under the current government’s plans, …

Newspoll result: Why support for Labor and Coalition has DROPPED as margin for leaders as preferred Prime Minister is closest since election
8 months, 4 weeks ago

Newspoll result: Why support for Labor and Coalition has DROPPED as margin for leaders as preferred Prime Minister is closest since election

Daily Mail  

Support for both Labor and the Coalition has dropped as Aussies are divided over energy and climate change policy, including proposals for nuclear power plants. The primary vote for the major parties has taken a hit in recent weeks with the Coalition falling three points to 36 per cent while support for Labor slipped to 32 per cent after a …

Peter Dutton's nuclear power plan is a hit and miss proposal for Australia's young people
9 months ago

Peter Dutton's nuclear power plan is a hit and miss proposal for Australia's young people

ABC  

Liliah Dolbel, 17, is "a bit scared" about the idea of Australia producing nuclear power. Opposition leader Peter Dutton has proposed nuclear power as an alternative to renewables, saying it would be a smoother transition as reactors could be built at existing coal power stations. Honorary Associate Professor Tony Irwin, from the Australian National University, operated nuclear power plants in …

Resolve Political Monitor: New poll reveals what Aussie voters think of Peter Dutton's nuclear power plans
9 months ago

Resolve Political Monitor: New poll reveals what Aussie voters think of Peter Dutton's nuclear power plans

Daily Mail  

Aussie voters are divided on Opposition Leader Peter Dutton's nuclear power plans, according to a new poll. Australians are divided over Peter Dutton's nuclear power plans, according to a new poll The Resolve poll found that 60 per cent of Coalition voters are in favour of nuclear power, but only only 30 per cent of Labor voters and 28 per …

Nuclear could fill a niche in Australia's energy mix, but renewables will need to do the heavy lifting, business leaders say
9 months, 1 week ago

Nuclear could fill a niche in Australia's energy mix, but renewables will need to do the heavy lifting, business leaders say

ABC  

In short: Even if Australia's nuclear ban is overturned, energy sector leaders believe renewables will generate most of Australia's power in the future. Even if Australia's nuclear ban is overturned, energy sector leaders believe renewables will generate most of Australia's power in the future. Renewables will continue to do the heavy lifting for Australia's decarbonisation and energy generation, but some …

Peter Dutton claims nuclear energy plan will cost a fraction of Labor’s pursuit of renewable energy
9 months, 1 week ago

Peter Dutton claims nuclear energy plan will cost a fraction of Labor’s pursuit of renewable energy

ABC  

In short: Opposition Leader Peter Dutton has claimed his nuclear energy plan will cost a fraction of Labor's pursuit of renewable energy. Opposition Leader Peter Dutton has claimed his nuclear energy plan will cost a fraction of Labor's pursuit of renewable energy. Assistant Climate Change and Energy Minister Jenny McAllister said Mr Dutton was making a baseless claim about the …

What happens to nuclear waste under Peter Dutton's Coalition plan to build seven nuclear power reactors?
9 months, 1 week ago

What happens to nuclear waste under Peter Dutton's Coalition plan to build seven nuclear power reactors?

ABC  

In short: Debate on Australia's nuclear future will need to include clear information on the transportation and storage of nuclear waste. Australia currently produces a relatively small amount of radioactive waste due to its limited nuclear industry, with just one reactor used for research and medical purposes, located at Lucas Heights in Sydney. Peter Dutton in announcing the Coalition's nuclear …

Some of the Coalition's proposed nuclear locations are near fault lines — is that a problem?
9 months, 1 week ago

Some of the Coalition's proposed nuclear locations are near fault lines — is that a problem?

ABC  

The Coalition wants to build nuclear reactors at seven locations across the country, and several are on or near known fault lines. SRC's chief scientist Adam Pascale says those could happen anywhere, so no region can be ruled out as "immune" to significant earthquakes, though faults make an earthquake in that area more likely. With facilities in existence overseas designed …

Peter Dutton's nuclear power policy is about to go through an early stress test
9 months, 1 week ago

Peter Dutton's nuclear power policy is about to go through an early stress test

ABC  

No-one doubts Peter Dutton has a huge task to sell his radical nuclear plan, with many experts throwing buckets of cold water over it. Ziggy Switkowski, who headed John Howard's 2006 nuclear inquiry that reported favourably on the potential for nuclear energy in Australia, described Dutton as "a person of conviction" and said his blueprint was feasible. Peter Dutton and …

Coalition could push on with nuclear even if host communities oppose it, despite previous calls for 'consent'
9 months, 1 week ago

Coalition could push on with nuclear even if host communities oppose it, despite previous calls for 'consent'

ABC  

In short: The Coalition says it is prepared to make "tough decisions" to build nuclear reactors, even if local communities oppose them The Coalition says it is prepared to make "tough decisions" to build nuclear reactors, even if local communities oppose them Shadow Energy Minister Ted O'Brien previously said nuclear should only be progressed on the condition of community support …

Nuclear won't make power bills cheaper, energy analyst says, as Coalition claims scrutinised
9 months, 1 week ago

Nuclear won't make power bills cheaper, energy analyst says, as Coalition claims scrutinised

ABC  

In short: The Coalition's claims nuclear power will make energy cheaper don't stack up, according to an energy analyst. Dr McConnell said the opposition's nuclear plan wouldn't help Australia manage the rapid retirement of its "ancient" fleet of coal plants. Coalition's Canada example does not bear scrutiny Dr McConnell said there was merit to the idea that Australia should "leave …

Australian opposition puts nation’s first nuclear power plants in its energy plan ahead of elections
9 months, 1 week ago

Australian opposition puts nation’s first nuclear power plants in its energy plan ahead of elections

Associated Press  

MELBOURNE, Australia — Australia’s main opposition party on Wednesday announced plans to build Australia’s first nuclear power plants as early as 2035, arguing the government’s policies for decarbonizing the economy with renewable energy sources including solar, wind turbines and green hydrogen would not work. Climate Change and Energy Minister Chris Bowen accused the conservative opposition Liberal Party of serving Australia’s …

Peter Dutton's nuclear energy plan for Australia is never going to happen - but it will still dominate the election, writes PETER VAN ONSELEN
9 months, 1 week ago

Peter Dutton's nuclear energy plan for Australia is never going to happen - but it will still dominate the election, writes PETER VAN ONSELEN

Daily Mail  

The great nuclear debate can now begin in earnest. Opposition Leader Peter Dutton has announced his plans to campaign for introducing nuclear power into Australia's energy mix at the next election. Even though the fact there is virtually no chance of Dutton's nuclear policy going live - because of the hurdles he has to overcome but can't - should reduce …

Nuclear proposal rejected by premiers, who say Dutton has no power to lift state nuclear bans
9 months, 1 week ago

Nuclear proposal rejected by premiers, who say Dutton has no power to lift state nuclear bans

ABC  

In short: State premiers have unanimously rejected the federal Coalition's nuclear proposal, which would require lifting several state bans State premiers have unanimously rejected the federal Coalition's nuclear proposal, which would require lifting several state bans Some state Liberal and National members have also distanced themselves from nuclear, though the NSW opposition is open to the idea What's next? NSW …

Coalition reveals its nuclear energy policy
9 months, 1 week ago

Coalition reveals its nuclear energy policy

ABC  

TED O'BRIEN, SHADOW MINISTER FOR CLIMATE CHANGE AND ENERGY: This is the natural next step for us as a nuclear nation. SARAH FERGUSON: Ted O'Brien is the Shadow Minister for Energy and Climate Change. SARAH FERGUSON: Well, let me ask you this because in April Peter Dutton said that Rolls-Royce could build, he claimed, a small modular reactor for between …

The Coalition's nuclear power plan misses one key component: the cost
9 months, 1 week ago

The Coalition's nuclear power plan misses one key component: the cost

ABC  

Whichever way you slice it, two major parties are taking a big gamble on the future. Opposition leader Peter Dutton has sought to directly link power price rises with the rollout of renewables, but building a fleet of nuclear power plants, from scratch, certainly won't come cheap either. The CSIRO has crunched the numbers and estimates building a large-scale nuclear …

Peter Dutton reveals seven sites for proposed nuclear power plants
9 months, 1 week ago

Peter Dutton reveals seven sites for proposed nuclear power plants

ABC  

In short: The Coalition has unveiled seven sites in five states where it proposes to build nuclear power plants if it is elected. The seven sites are: Tarong in Queensland, north-west of Brisbane Callide in Queensland, west of Gladstone Liddell in NSW, in the Hunter Valley Mount Piper in NSW, near Lithgow Port Augusta in SA Loy Yang in Victoria, …

Why has the Coalition gone nuclear? The facts you need to navigate the energy debate
9 months, 1 week ago

Why has the Coalition gone nuclear? The facts you need to navigate the energy debate

ABC  

Teased and speculated for more than two years, Peter Dutton has finally revealed his nuclear power policy. Dutton reveals seven sites for proposed nuclear power plants Photo shows Seven Nuclear sites v.2 Opposition Leader Peter Dutton has told his Coalition colleagues he will go to the next election promising to build seven nuclear power stations. Peter Dutton and Nationals leader …

Peter Dutton is a true believer in nuclear as the answer to Australia's energy problems. But he'll need to convince the voting public
9 months, 1 week ago

Peter Dutton is a true believer in nuclear as the answer to Australia's energy problems. But he'll need to convince the voting public

ABC  

There's a great story from Kelvin McKenzie's stint as editor of Britain's The Sun newspaper, notorious for its salacious headlines and outrageous beat-ups. Dutton's nuclear stance may not play well with women Photo shows A side profile close up of Peter Dutton. Peter Dutton's political survival as an opposition leader thus far is an impressive feat, but the issue of …

Energy experts and investors say the Coalition's nuclear plan is 'virtually impossible' without taxpayer funding
9 months, 1 week ago

Energy experts and investors say the Coalition's nuclear plan is 'virtually impossible' without taxpayer funding

ABC  

In short: Energy executives, fund managers and investors do not think nuclear energy is financially viable in Australia. When asked if nuclear would form part of his company's investment portfolio should the Coalition win the next election, he said: "We don't see nuclear as really a part of the energy transition going forward." "I'm technology agnostic, I simply want to …

Does nuclear power have a future in Australia? These numbers will help cut through the debate
9 months, 2 weeks ago

Does nuclear power have a future in Australia? These numbers will help cut through the debate

ABC  

As the shift away from fossil fuels gathers pace, the Coalition has turned to an emissions-free technology that has a long and contentious history — nuclear fission. "We did a lot of work to determine what nuclear power would cost in Australia," Paul Graham, the chief economist of the CSIRO's energy business unit, said. But he said that even taking …

Powering Australia with nuclear energy would cost roughly twice as much as renewables, CSIRO report shows
10 months, 1 week ago

Powering Australia with nuclear energy would cost roughly twice as much as renewables, CSIRO report shows

ABC  

In short: Australia's leading scientific organisation found it would cost at least $8.5 billion to build a large-scale nuclear power plant in the country. Australia's leading scientific organisation found it would cost at least $8.5 billion to build a large-scale nuclear power plant in the country. But the CSIRO's GenCost report noted that nuclear was still likely to be at …

This year's federal budget offers a preview of what the next decade of climate wars will look like
10 months, 2 weeks ago

This year's federal budget offers a preview of what the next decade of climate wars will look like

ABC  

Below the radio grabs for this budget — the $300 power bill rebate for every household and the extra rent assistance and the tax cuts and the inevitable "does my budget look inflationary in this?" There was a suggestion, even, that by budget day 2024 — that is to say, yesterday — Mr Dutton would have released six proposed sites …

The debate around nuclear power in Australia isn't just political. There's also a generational divide
11 months, 3 weeks ago

The debate around nuclear power in Australia isn't just political. There's also a generational divide

ABC  

Driving her trusty red Camry, wearing a T-shirt emblazoned with "Australian Nuclear Free Alliance", Aunty Sue Haseldine is on a cross-country mission. Tony Wood is the Grattan Institute's energy director and agrees that right now, the economics for nuclear power "are terrible". "Personally, I think Australia should have a grown-up discussion around the role of nuclear and I don't think …

Why big business would rather send uranium offshore than build nuclear plants in Australia
1 year ago

Why big business would rather send uranium offshore than build nuclear plants in Australia

ABC  

Cast your mind back, not into the dim, dark recesses of your memory but just a little, to shortly after we emerged from the COVID-19 pandemic. Expensive uranium won't generate cheap electricity For the past month or more, the argument rejecting nuclear energy has overwhelmingly been about cost and to a lesser extent the time involved in building large-scale nuclear …

Nuclear power in Australia — a silver bullet or white elephant?
1 year ago

Nuclear power in Australia — a silver bullet or white elephant?

ABC  

"It's time to talk nuclear," Ted O'Brien declared in a video message filmed on an isolated beach last February. Appointed shadow energy spokesperson a few months earlier, Mr O'Brien's enthusiasm for nuclear power was already well known, but not yet fully formed as Coalition policy. A year on, nuclear energy for Australia has firmed as Coalition policy, and Mr O'Brien's …

Nation's science agency CSIRO hits back at Dutton claim that nuclear power costings were 'discredited'
1 year ago

Nation's science agency CSIRO hits back at Dutton claim that nuclear power costings were 'discredited'

ABC  

In short: The CSIRO has made a rare intervention to defend its research against criticism from Opposition Leader Peter Dutton. It follows Mr Dutton describing the CSIRO's research finding nuclear power to be the most expensive source of new energy for Australia as "discredited". The nation's leading science institution, the CSIRO, has defended its research into energy generation following comments …

Nuclear energy's six biggest myths busted as Australia seriously considers making the change - and why coal isn't necessarily the safe option
1 year ago

Nuclear energy's six biggest myths busted as Australia seriously considers making the change - and why coal isn't necessarily the safe option

Daily Mail  

The fear of a scare campaign against nuclear energy has prompted one Coalition MP to debunk some myths about nuclear reactors - and warn even coal plants can be potentially dangerous. The prospect of a nuclear energy scare campaign has prompted a Coalition MP to debunk some myths about nuclear reactors and point out coal plants are also potentially dangerous …

Government dismisses Coalition's 10-year nuclear claim as a 'dream'
1 year ago

Government dismisses Coalition's 10-year nuclear claim as a 'dream'

ABC  

The energy minister has rubbished his shadow counterpart's claims Australia could have nuclear power plants up and running in 10 years as the Coalition prepares to announce the nuclear plan it will take to the next election. Shadow Minister for Climate Change and Energy Ted O'Brien said on Sunday morning Australia could have a nuclear power plant up in that …

Coalition's plan to go nuclear puts five regions on the table as favoured locations for nuclear reactors
1 year ago

Coalition's plan to go nuclear puts five regions on the table as favoured locations for nuclear reactors

ABC  

There are just a handful of regions in Australia shaping up as the most likely candidates for the Coalition's proposal to install nuclear reactors in Australia, as the party eyes retiring coal stations as a way to go nuclear. Speaking on Channel Seven on Tuesday morning, Mr Dutton confirmed the party was "interested" in replacing retiring coal plants with nuclear …

Nuclear energy is more expensive than renewables, CSIRO report finds
1 year, 3 months ago

Nuclear energy is more expensive than renewables, CSIRO report finds

ABC  

Nuclear power would be the most expensive source of new energy for Australia, a report from the CSIRO and energy market regulator has estimated. Key points: Solar and on-shore wind projects are the cheapest form of new energy in Australia Nuclear energy would be the most expensive source of new energy The CSIRO's draft GenCost report is open for consultation …

Australia inches closer to 2030 emissions target, amid debate over renewable energy push
1 year, 4 months ago

Australia inches closer to 2030 emissions target, amid debate over renewable energy push

ABC  

The government says Australia is on its way to hitting its 2030 climate targets as it faces criticism from conservation groups for support of fossil fuels. Key points: Australia is on track for a 42 per cent reduction in emissions by 2030, according to new government data The government announced a renewable energy scheme this week, targeting 82 per cent …

Taxpayers to subsidise renewable energy projects as government concedes Australia set to miss targets
1 year, 4 months ago

Taxpayers to subsidise renewable energy projects as government concedes Australia set to miss targets

ABC  

The federal government is massively expanding a taxpayer-funded scheme to subsidise and underwrite new renewable energy projects, in an admission that Australia is not currently on track to reach its 2030 target for the power grid. Key points: The energy minister has conceded Australia is not on track to meet its 82 per cent renewables target A scheme to subsidise …

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