Whatever it takes

October 08, 2018

Prime Minister Scott Morrison has at last agreed to consider Conservative Party policy and overturn the ban on building nuclear reactors in Australia if he believed it would put downward pressure on power prices saying he will do “whatever it takes” to make electricity cheaper.

The PM told 2GB radio, “You’ve got to make the investment stack up.” 

The former chair of the Australian Nuclear Science and Tech­nology Organisation and current chair of NBN Co, Ziggy ­Swit­kowski, told The Weekend Australian it was sensible to clear the regulatory pathway for the next generation of small ­nuclear reactors.

Meanwhile, the International Atomic Agency says nuclear energy is vital to meeting the global challenge of climate change but projections were for a dramatic shortfall in capacity by 2050.

A new report from the agency revealed without nuclear, cumulative greenhouse gas emissions between 2018 and 2050 could be up to 12 gigatonnes higher, more than 20 times Australia’s entire emissions last year.

Called Climate Change and Nuclear Power 2018, the report said nuclear energy could make an important contribution to reducing greenhouse gas emissions while delivering energy in the increasingly large quantities needed for global economic development.

“Nuclear power plants produce virtually no greenhouse gas emissions or air pollutants during their operation and only very low emissions over their full life cycle,” the report said.

Senator Bernardi has told Sydney radio station 2GB, while he isn't saying we must have nuclear power here, it only makes sense that it is at least considered as part of the energy mix.

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