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> we aren't building coal or nuclear because there are outrageous political risks This is a one sided way of putting it. The people who build coal plants in A
by thisrod 9y ago
> we aren't building coal or nuclear because there are outrageous political risks
This is a one sided way of putting it. The people who build coal plants in Australia say that they've stopped doing it because of climate change. The plants need to run for decades to pay off the cost of construction. The business people expect that, whoever is in charge of Australia, power plants will have to stop burning coal before then.
The people who build nuclear plants say that there aren't enough Australians to buy their electricity, so anyone who tried to sell nuclear power in Australia would lose money. Again, regardless of the politics.
- nickik 9y agoI guess in another market somebody would bet on the nuclear and hope to draw people with lower prices. Lets see how deep the confections are. But since build those monsters is such a long process and the approval alone is so difficult already. If you want to develop something new, you can add a couple years to the project. The hope is China, they are selling mid-sized pebble generators and they should start producing them pretty soon for delivery in a couple of years.