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Nuclear power pitch has magical thinking at core

Press & Media Information

Media Coverage

Title

Nuclear power pitch has magical thinking at core

Media type

Web

Media name

Reuters

Date

2024-12-20

Description

For a great example of how not to pitch nuclear energy, look to Australia. The country's right-wing opposition parties head into next year's federal election claiming that adding seven atomic power stations to the main electricity system would decarbonise it for A$263 billion ($167 billion), or 44%, less than building the renewables-heavy grid the ruling Labor Party government favours. But the financials are misleading, and carbon emissions would mushroom...