Nuclear power just another bait and switch

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I have no issue with nuclear power if it will save the planet. But this is complete nonsense from Little…proud:

Nationals leader David Littleproud has called on Energy Minister Chris Bowen to allow the marketplace to decide whether nuclear is a more expensive form of energy to produce compared to other alternatives.

Littleproud said he was “proud” that the Liberals now supported his proposal for Australia to explore nuclear energy, adding that it was Opposition Leader Peter Dutton who had “got the Liberals to come on board”.

The Nationals leader challenged Bowen’s view that nuclear was more expensive to produce than renewables, and said new, zero-emissions technology had made possible the production of low-cost nuclear power.

Sure, let’s do it, but good luck:

Those espousing nuclear power usually make the case based on new and smaller reactor technology but even these are expensive unless they reach some sort of scale of production which is not apparent in demand.

This is before we factor in that plants will need to be placed on Heard and McDonald Island to avoid the NIMBYs and the cost of transmission will be enormous:

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Unless a nuclear rollout is a full-scale, global and government-run project, nuclear is just another bait and switch.

Rather like CCS.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.