Climate Change and Energy Minister Chris Bowen speaks at Canberra about his department’s calculation of costs for transitioning to nuclear energy.
Mr Bowen said a firmed renewable grid is the “cheapest way forward” and will produce the lowest emissions for Australia.
“Some people say our plans aren’t ambitious enough … the Liberals are saying we have too many renewables and are too focused on renewables,” he said.
“They say their answer is nuclear, they think the answer is to put the most expensive form of power available into our grid.
“When we have no nuclear industry, we have no regulations in place, it would cost even more than it’s facing in other countries.”