The LNP have released their latest work of fiction, the "costings" for their plans to kill renewables and prop up their mates in the fossil fuel industry for as long as possible... oops, I mean for nuclear power.
I'm not quite sure why the party who believe so strongly in the free market and that private enterprise can do everything better, suddenly ignore the market completely and want to sink taxpayer money, IE yours and mine, into an project that private enterprise wouldn't touch with a bargepole.
Private companies are investing in wind farms, solar farms, batteries etc. What they're not investing in is nuclear power. So if the vaunted private sector can't see a reasonable return from an investment in nuclear, why the hell would we sink public money into it?
Dutton says it'll be 260 billion cheaper than renewables, and power prices would be lower. Every expert in the economics of power generation says that's impossible. CSIRO says it'll cost double. Experts say CSIRO is being conservative in their assessment.
Then there's the time issue. Dutton says 2035. Quite apart from the cost, and the fact that nuclear power plants typically go 120% over budget, they never get completed on time. Even if they did, that's 10 years away and more coal plants are reaching end of life in that time. So we'd have to maintain those - with more public money - while we build these hugely expensive and complicated plants that we have no experience or skillsets to do so.
Does anyone SERIOUSLY think that Labor is so bad that this is a better option?
If Dutton gets in, he will have more of a chilling effect on renewable investment than Tony Abbott did.
If you care about your children and grandchildren, PLEASE don't vote for the LNP.