<
https://reneweconomy.com.au/going-nuclear-will-decimate-jobs-in-regions-first-stop-billions-in-new-investment/>
"Regional areas will suffer the most from job and investment losses stemming
from the Coalition’s energy promises, according to analyses from alarmed energy
sector stakeholders.
The Coalition’s push for nuclear, a policy that was announced with much fanfare
in December but has largely disappeared from the election hustings, will result
in the loss of $58 billion in direct investment in renewable and storage, and
cause the loss of 42,000 full time jobs, the Clean Energy Council says.
Opposition leader Peter Dutton’s Budget reply promised to abolish the $19
billion Rewiring the Nation fund will also cause the immediate loss of jobs,
the Electrical Trades Union (ETU) says.
The ETU analysis suggests 2000 electrical worker jobs will disappear this year
if work stops on major network projects, rising to 7000 job losses in 2029 when
building work on new transmission is expected to peak.
The costs are the direct impact from the Coalition’s promise to build seven
nuclear reactors across Australia.
In December, it outlined a vision of small modular reactors becoming
operational by a hugely ambitious timeline 2035 – notwithstanding the fact that
these do not exist as commercial technology yet – and predicted the first large
reactor operational by 2037.
But that vision requires renewable generation taking up no more than54 per cent
of the total energy supply in 2050 – compared to Labor’s target of 82 per cent
by 2030 – and cutting funding for new transmission by 79 per cent to allow room
both in the grid and budget, according to modelling by think tank Frontier
Economics."
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
