The debate over Australia's energy policy has intensified, with contrasting views on nuclear energy and renewables. The Coalition plans to invest in state-owned nuclear plants, while Labor focuses on market-driven renewable energy rollout. Dr. Matt Ryan and Chief Economist Greg Jericho emphasize that public renewables are a powerful solution and question the feasibility of nuclear energy in meeting 2030 emissions targets. A report suggests that nuclear energy could be more costly and hinder Australia's decarbonization efforts. The Australian Energy Market Operator's ISP 2024 highlights the critical need to accelerate the clean energy transition. There is also a proposal for Australia to commit $600B of taxpayer $ to nuclear energy over 20 years.
Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says https://t.co/UWbuLmquGa
Whatever Australia’s energy policy is post 2050. It’s clear renewables are critical and we need to accelerate our clean energy transition. (Pic: @AEMO_Energy ISP 2024) #renewables #transition #auspol https://t.co/JKXUdd4MFe
If we want to reach our 2030 emissions targets, maybe building nuclear reactors for 2050 isn't the answer... Chief Economist Greg Jericho answers the question of why suddenly we're all talking about nuclear on the latest episode of Dollars & Sense @GrogsGamut @ElinorJ_L #auspol https://t.co/7QgeZKTh0S
🎙️ NEW POD 🎙️ The faux-debate over nuclear energy is a distraction from the main game – reducing our emissions to address the climate crisis, @GrogsGamut says. Hear more on the new episode of Dollars & Sense. #auspol https://t.co/3ghXJCbCPs
Ummmm, well that is #awkward? Only .8% of new generating capacity in the USA so far this year has come from NON-renewable sources? I am going to call it a "trend", @GrayConnolly, ok? But Oz should committ $600B of taxpayer $ to nuclear in 20 yrs? Does that make sense to u, Gray? https://t.co/MuaR2F92An
It's interesting when the Coalition's planned nuclear plants would be state-owned, while Labor is relying on the market to rollout renewables. "Public renewables is a really powerful way to go." Listen to Dr Matt Ryan discussing nuclear on Follow the Money @mattdjryan #auspol https://t.co/6oqdzG10BN