SBD wrote: ↑Thu Mar 21, 2024 3:11 pm
Spurdo wrote: ↑Thu Mar 21, 2024 2:44 pm
rubberman wrote: ↑Thu Mar 21, 2024 1:52 pm
Given that private industry isn't even remotely interested unless there's heavy taxpayer subsidy, and that the history of major projects over the past 15 years is deplorable, you'd think it would be political suicide. That's not even considering the NIMBY vote.
The best option would be to quietly drop it. However, it's so easy to get a rise out of the usual suspects, that Labor strategists only need to bring it up when they need to, and those usual suspects will rise to the bait.
That then only leaves the obvious factual pitfalls of such a policy to make a clean sweep.
But don’t wind & solar get subsidies as well? Suddenly subsidies are ok when it’s the right type of generation? Also, I don’t get why so many people here are against literally just legalising nuclear power? Yeah, it might not get built but I personally don’t believe the government should be dictating what can and can’t not be used to generate electricity, especially considering it’s literally the only form of generation to be outlawed.
I thought the questions were too skewed to consider answering whatever short survey I saw.
- I have no problem with nuclear power being legalised/decriminalised/allowed.
- If a nuclear power station were to be built, I have no problem with it being in an appropriate industrial zone near me, but the question was do I support one near me, which is different since I don't have any noisy industry nearby now.
- I don't think it should be heavily subsidised by the government, as I think it is 30-50 years too late. I'd have potentially supported Northern or TIPS-B being nuclear at the time they were built, but don't think a nuclear power station hits the mark for SA any more.
Wind, solar, batteries etc are getting small construction/connection subsidies from the Australian Renewable Energy Agency (ARENA). They're not getting significant state subsidies nor ongoing subsidies as far as I know.
Nuclear power plants also have the problem that they are cash flow negative for twenty years during the planning and construction phases, and then might take another twenty years to break even, only making a profit after that. That assumes that the cost of energy from the nuclear plant is competitive at that point. If it isn't competitive, then nobody will buy it, and it's going to go broke. And it's already cheaper to install rooftop solar and batteries.
I can imagine the shareholders of AGL and Origin etc, being asked to do without dividends for 40 years during the construction of a nuclear plant, so
maybe, possibly the prices of renewables don't go down in the next 40 years.
Even a pro-nuclear shareholder is going to have a "hang on!" moment if told to forego 40 years worth of dividends - especially boomers who won't even live that long for the most part.
Nuclear is only going to happen if subsidised by government. Some countries have to do that, thanks to Herr Putin, or ideological governments that like using taxpayer funds for their pet projects. However, if we don't have to do it, we certainly shouldn't subsidise it.
Having a law against it provides a little more defence against our taxes being siphoned away, since it is harder to slip it by the community.