Australia news live: Guzman y Gomez shares soar by more than 30% on ASX debut; Coalition takes offence at Labor’s nuclear memes
Follow the day’s newsCoalition’s nuclear ‘fantasy’ will hamper price falls from more renewable energy, Albanese saysGet our morning and afternoon news emails, free app or daily news podcastAlbanese calls Coalition nuclear policy a ‘fantasy’The prime minister, Anthony Albanese, has slammed the Coalition’s nuclear power policy, calling it a “fantasy” and saying it was “Peter Dutton and the Seven nuclear reactors.”What you have here is something that I’ve never seen before. I mean, this is just a fantasy, instead of Snow White and the Seven Dwarfs this is Peter Dutton and the seven nuclear reactors.This is just absurd, to have a big buildup for an announcement and then say we won’t give you the details. I’ll make this prediction. All the details won’t be out there before the election. It will be just “trust me”, just the same as Peter Dutton said that [for the] 2030 target when it comes to emissions reduction, “I will let you know all of that after the election.”Well, our energy policy will and is absolutely focused on driving down prices as we did in government at … this is the important point. And that is because of a range of technologies, not one, nuclear needs to be part of that mix. You need to have every horse in this race. This is a hard race to win. And we want to have every horse in the race. Nuclear is an important one, gas is an important one.Everyone wants to sort of say there’s one technology this the answer to everything. No. I’m just wondering. It’s a balance of technologies and right now, what is clear is Chris Bowen’s strategy is not getting us to where we need to go. Continue reading...
Follow the day’s news
- Coalition’s nuclear ‘fantasy’ will hamper price falls from more renewable energy, Albanese says
- Get our morning and afternoon news emails, free app or daily news podcast
Albanese calls Coalition nuclear policy a ‘fantasy’
The prime minister, Anthony Albanese, has slammed the Coalition’s nuclear power policy, calling it a “fantasy” and saying it was “Peter Dutton and the Seven nuclear reactors.”
What you have here is something that I’ve never seen before. I mean, this is just a fantasy, instead of Snow White and the Seven Dwarfs this is Peter Dutton and the seven nuclear reactors.
This is just absurd, to have a big buildup for an announcement and then say we won’t give you the details. I’ll make this prediction. All the details won’t be out there before the election. It will be just “trust me”, just the same as Peter Dutton said that [for the] 2030 target when it comes to emissions reduction, “I will let you know all of that after the election.”
Well, our energy policy will and is absolutely focused on driving down prices as we did in government at … this is the important point. And that is because of a range of technologies, not one, nuclear needs to be part of that mix. You need to have every horse in this race. This is a hard race to win. And we want to have every horse in the race. Nuclear is an important one, gas is an important one.
Everyone wants to sort of say there’s one technology this the answer to everything. No. I’m just wondering. It’s a balance of technologies and right now, what is clear is Chris Bowen’s strategy is not getting us to where we need to go. Continue reading...
