<
https://reneweconomy.com.au/the-four-accounting-tricks-behind-peter-duttons-nuclear-cost-claims/>
"The Liberal-National Coalition claims it has found the solution to bring down
energy bills – slow the growth of renewable energy and roll-out nuclear power.
According to Liberal Leader Peter Dutton, their plan for a power system
including a significant role for nuclear will be 44% cheaper than a system
relying predominantly on renewables. This claim is based on energy market
economic modelling it released just before Christmas, prepared by an economic
consultant – Frontier Economics.
A range of energy analysts and economists have criticised the Coalition’s
claims, finding an array of problems with how this number was derived (see the
list at the bottom of this article for examples). Nonetheless this hasn’t made
any difference to Peter Dutton’s claims, and earlier this month he was on ABC
television telling viewers that he had a plan to deliver voters 44% cheaper
power bills.
However, you don’t need to be any kind of expert analyst or economist to work
out that the claim nuclear will deliver you 44% lower bills is a bit like a
wrinkle cream claiming it will make you look 44% younger.
And in the end, though it might not be obvious, this is really about whether
Liberal-National Party have discovered a miraculous cure for aging, and quite
potentially the laws of physics. It isn’t really about nuclear."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
