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Coalition’s nuclear ‘fantasy’ will hamper price falls from more renewable energy, Albanese says


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Prime minister says opposition’s ‘destination of denial’ will disrupt certainty required by business for increased investment

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Anthony Albanese has accused the Coalition of hampering power price reductions in the short-term by pursuing a nuclear power “fantasy” and “disrupting certainty” of investment in renewable energy.

On Thursday the prime minister muscled up against Peter Dutton’s proposal to build seven nuclear power plants, arguing it had not survived one day of scrutiny and accusing the Coalition of pursuing the “destination of denial” instead of more practical steps to reduce emissions and prices.

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Continue reading…Prime minister says opposition’s ‘destination of denial’ will disrupt certainty required by business for increased investmentGet our morning and afternoon news emails, free app or daily news podcastAnthony Albanese has accused the Coalition of hampering power price reductions in the short-term by pursuing a nuclear power “fantasy” and “disrupting certainty” of investment in renewable energy.On Thursday the prime minister muscled up against Peter Dutton’s proposal to build seven nuclear power plants, arguing it had not survived one day of scrutiny and accusing the Coalition of pursuing the “destination of denial” instead of more practical steps to reduce emissions and prices.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundupSign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…