A while ago, I made a submission to a Parliamentary inquiry into nuclear power and, in particular, the removal of the 1998 legislative ban on nuclear power. The inquiry was pretty obviously a stunt aimed at placating Barnaby Joyce and the nuclear lobby, but I decided to take it seriously and ask what would be needed to give nuclear power any chance, economically and in terms of social acceptance, in Australia.
I proposed what’s been called a grand bargain , lifting the ban in return for a commitment to decarbonize electricity by 2040, and a carbon price increasing steadily over time to achieve that goal.
The Committee has now reported, and, unsurprisingly no one is interested in the idea of a grand bargain. In fact, the idea wasn’t mentioned, not even to dismiss it. Nor, asRead More »