Australia's Coalition Unveils Nuclear Power Plan

Australian opposition leader Peter Dutton has unveiled a nuclear energy plan that he claims could reduce electricity prices by 44% over the next 25 years, costing around $331 billion. His proposal includes building seven nuclear reactors, arguing it would be a more reliable alternative to the government’s renewable energy strategy. However, critics from the Albanese government have dismissed the plan as overly optimistic, alleging that cost projections are based on unrealistic assumptions. Additionally, analysis from Frontier Economics suggests that emissions would remain high for decades under the nuclear plan due to prolonged reliance on coal. The Coalition's figures, claiming a $263 billion savings compared to the Labor government’s plan, are also questioned for their methodology, which some analysts describe as misleading. Despite the controversy, Dutton insists that his plan prioritizes cheaper electricity for Australians, contrasting it with the perceived higher costs of the current administration's energy policies.