Collapse of the nuclear industry’s ”golden hope”

Nuclear industry isn’t offering the ‘golden hope’ it promised, October 12, 2021  

Former NSW premier Bob Carr says cost blowouts and huge delays around the world are showing the nuclear industry is not offering the “golden hope” it promised. “In the whole of the United States there is only one nuclear power plant under construction and it is being subjected to the most extreme delays and cost blowouts,” he told Sky News host Paul Murray. “And meanwhile there are six currently being taken out of commission.

“In France there hasn’t been a new power plant added to their grid since 1999 and they’re taking at least three, perhaps six out of it. “The only new plant to be built in western Europe has been in Finland it was supposed to be operating in 2009 and there’ve been huge cost blowouts there.

“That’s why I say the industry is not offering us the silver bullet, the golden hope that we were led to believe and which persuaded me 15 years ago.” Mr Carr argued renewables backed up by batteries are Australia’s “safest bet” for pulling off a transition to net zero emissions.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: