Australians are being promised a brighter future with nuclear as the answer to rising energy costs. As concerns grow over the cost of living and rollout of renewables, the Coalition has announced an alternative vision, promising to build seven nuclear power plants across the country if elected.
It will take around 10 years and cost an estimated $CAD12.8 billion , to enable the plant to operate for another 30 years. Eventually, funding will also have to be found to store the nuclear waste generated, which has to be securely stored for tens of thousands of years. "Who's going to pay for 10,000 years of nuclear waste disposal?" Buckley said. Even based purely on the initial construction cost, nuclear does not come out ahead.
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