Nuclear Power: Too little power, too late, too expensive.
A parliamentary inquiry into nuclear power has found the technology is slow, expensive and impractical, making it a poor choice for Australia’s energy needs, in its interim report.
The report, tabled in Federal Parliament on Tuesday evening 25/02/25, found nuclear would not be a viable investment of taxpayer money, making Australia subject to the cost blowouts and delays that have plagued nuclear projects globally – even in countries with experience in the area.
The inquiry found that any jobs created by the nuclear industry would arrive far too late for people working today in energy generation.
The report referred to submissions from the ETU highlighting the danger of destroying renewable energy jobs today to pursue a much smaller number of nuclear jobs in several decades’ time.