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Nuclear

CEF in the media  |  Jun 20, 2024

VIDEO | ‘Bizarre’: Coalition launches nuclear policy ‘without any facts’

News Corp papers

Syndicated across News Corp mastheads nationally including all regional sites in QLD: Climate Energy Finance Director Tim Buckley has hit out at the Coalition government for providing little information when revealing its nuclear energy plan.Mr Buckley said his best cost estimate for the Coalition government’s nuclear energy plan following the CSIRO GenCost report would be $100 billion. “It’s a rather large number to not have any facts on,” Mr Buckley said. “For the shadow energy minister to spend a year building a detailed analysis of the federal opposition energy and climate strategy and provide rather limited facts, rather limited details – a one-page flyer really doesn’t cut it when you’re talking about a $100 billion of public money being invested. It’s a little bizarre that Ted O’Brien’s announcing this policy without any facts.” Read more
CEF in the media  |  Jun 20, 2024

VIDEO | Dutton gives voters nuclear power option

The Australian

Tim Buckley’s Sky News interview excoriating the LNP’s nuclear con is embedded in this feature on the Australian by its Canberra Bureau Chief and Political Editor summarising responses from a broad range of thought leaders Read more
CEF in the media  |  Jun 20, 2024

VIDEO | LNP nuclear policy doesn’t stack up

Sky News

Tim Buckley demolishes the Coalition’s fact-free nuclear press release on Sky News AM Agenda Read more
CEF in the media  |  Jun 19, 2024

OP ED | Nuclear plan is fiscal irresponsibility on an epic scale and rank political opportunism

Renew Economy

While the Coalition has failed to release any detail or costings, today we have confirmation that if it gets into office, Australians will be paying a mult-billion dollar “nukebuilder” tax for generations to come for a national build out of government-owned nuclear reactors across seven locations, including on the sites of former coal-fired power stations. It beggars belief that opposition leader Peter Dutton proposes nationalising a nuclear public debt bomb and detonating it at the heart of energy policy in this country. Read more
CEF in the media  |  Jun 19, 2024

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

The Guardian

Tim Buckley, director of think tank Climate Energy Finance, said Australians would be paying “a multi-billion dollar ‘nukebuilder’ tax for generations to come by being forced to front the cash for a national buildout of government-owned nuclear reactors”. “Electricity prices would skyrocket as private investment in new replacement capacity is crowded out, resulting in undersupply for the next 15-25 years while we wait for the LNP’s nuclear white elephants to arrive,” Buckley said. Read more
CEF in the media  |  Jun 19, 2024

VIDEO | Australia needs bipartisan support for nuclear power plants and there is no sign of it | Samantha Maiden

News Corp papers

Syndicated in News Corp state based mastheads across Australia – Climate Energy Finance Director Tim Buckley says Opposition leader Peter Dutton’s plan to use nuclear energy is “financially illogical”. Read more
CEF in the media  |  Jun 19, 2024

Nuclear ‘financially illogical’ and about ‘climate wars’

The Australian

Director of think tank Climate Energy Finance Tim Buckley says nuclear is “financially illogical” and is about extending “climate wars”. Mr Buckley told Sky News the proposed plan announced today does little to address the current climate challenges, and the infrastructure delivery plan is not commercially viable. “We have no nuclear capacity in Australia,” he said. “We don’t have the workforce, and we can’t afford the 20+ year delay (opposition leader) Peter Dutton is proposing today.” {scroll down to 4:06pm post at link). Read more
CEF in the media  |  Jun 19, 2024

VIDEO | Dutton’s plan to use nuclear energy is ‘financially illogical’

Sky News

Tim Buckley takes a deep dive into the LNP’s nuclear energy ‘policy’ on Sky Afternoon Agenda with Ashleigh Gillion detailing why it makes zero sense here, including that it’s uninvestable, meaning the taxpayer will be gouged billions to bankroll it, the energy produced is too expensive at double the coast of renewables and it would be too late, with first operation not until 2040 at the earliest – and when firmed renewables provide an available least cost solution to our energy and climate crises. Read more
CEF in the media  |  Jun 18, 2024

Australian Opposition Details Plan For Nuclear Rollout If Elected

Barron's

Syndicated globally via AFP – Australia’s conservative opposition will build nuclear power plants across the country if it wins the next election, according to plans detailed Wednesday that have reignited debate over climate policy. Opposition leader Peter Dutton said he would overturn a 26-year nuclear ban to build seven government-owned reactors on the sites of ageing coal-fired power stations.Climate finance expert Tim Buckley said nuclear power in Australia was “impossible”. “The idea that nuclear could be up and running in 2035-37 is fanciful, and even that is too late given our concurrent climate and energy crises,” he said. Read more
CEF in the media  |  Jun 17, 2024

VIDEO: Will business invest in a new Australian nuclear power industry?

ABC TV The Business

As Tim Buckley says on ABC TV’s The Business, nuclear is the most expensive option for Australia and the technology in the Australian context is entirely unproven – notwithstanding the claims to the contrary by the Coalition. Read more
CEF in the media  |  Jun 17, 2024

Energy experts and investors say the Coalition’s nuclear plan is ‘virtually impossible’ without taxpayer funding

ABC online

The biggest problem of nuclear energy is “the technology in the Australian context is entirely unproven”, according to Climate Energy Finance director Tim Buckley, “We don’t have any of the supply chains, any of the labour, skilled workforce or knowledge to actually do it,” he said. He said it was “impossible” for any private investor (without taxpayer subsidies) to take on the risk of building a nuclear power plant. Read more
CEF in the media  |  May 23, 2024

Australia Gives Largest Coal Power Plant Two-year Lifeline

Barron's

Sun-soaked Australia’s lofty renewable energy ambitions were given a harsh reality check on Thursday, as looming electricity shortfalls delayed the long-awaited shutdown of the country’s largest coal-fired power plant. In many cases, nuclear makes sense for energy-deficient countries that had no domestic renewable options, such as Japan, energy analyst Tim Buckley told AFP. “Nuclear has no future in Australia,” he said. “Australia has not continuously built it, we have none of the skillset, none of the engineering, and none of the capacity for nuclear.” Read more
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