The Australian Labor government has struck down an idea to introduce nuclear power into the country, saying it is too expensive and that the “economics don’t stack up.”
The response comes as the opposition Liberal-National Coalition steps up pressure for nuclear energy to deal with soaring electricity costs and lowering emissions.
Energy Minister Chris Bowen, on June 9, lambasted the suggestion claiming it was the most expensive form of energy and would put pressure on Australians facing cost of living issues.
“Seriously? Nine years in office and then coming up with bright ideas on the other side of the election is point one. No credibility,” he told reporters….