Coalition nuclear plan will plough $58bn wrecking ball through renewable energy projects, analysis warns
Going nuclear will cost ‘real dollars for farmers, real dollars for country towns and real blue-collar jobs’, Clean Energy Council saysGet our afternoon election email, free app or daily news podcastA Coalition proposal to limit the rollout of renewable energy could stop at least $58bn of private investment in new developments and halt billions of dollars in flow-on spending in communities, new analysis has warned.The estimation by consultants Green Energy Markets, on behalf of industry group the Clean Energy Council (CEC), assessed what would happen if renewable energy in Australia was capped at 54% of total use, the level assumed in Frontier Economics modelling relied on by the Coalition to support its nuclear power policy.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...
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Going nuclear will cost ‘real dollars for farmers, real dollars for country towns and real blue-collar jobs’, Clean Energy Council says
- Get our afternoon election email, free app or daily news podcast
A Coalition proposal to limit the rollout of renewable energy could stop at least $58bn of private investment in new developments and halt billions of dollars in flow-on spending in communities, new analysis has warned.
The estimation by consultants Green Energy Markets, on behalf of industry group the Clean Energy Council (CEC), assessed what would happen if renewable energy in Australia was capped at 54% of total use, the level assumed in Frontier Economics modelling relied on by the Coalition to support its nuclear power policy.
Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...
