Article 6NMBA ‘Raises red flags’: Coalition nuclear power plan met with widespread scepticism from business groups

‘Raises red flags’: Coalition nuclear power plan met with widespread scepticism from business groups

by
Peter Hannam
from World news | The Guardian on (#6NMBA)

Australian energy sector and industry groups warn of risk of cost blowouts and destroying private sector investment

The Coalition's promise to build seven nuclear power plants starting as soon as 2035 has been met with widespread skepticism by Australia's energy sector and industry groups, who have warned about the risks of cost blowouts and destroying private sector investment.

AGL Energy and Origin Energy, two of Australia's largest power producers, also reiterated their concerns about the proposed government intervention.

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