CEDA report finds nuclear energy vital option for Australia via Morgan Wealth Management Group

November 10th, 2011

New nuclear technology should be explored for Australia if we are serious about tackling climate change and maintaining Australia’s economic competitiveness, a new CEDA report released today has found.

The latest CEDA policy perspective, Australia’s Nuclear Options, draws together five leaders in the nuclear field to explore nuclear technology, its economics, opportunities in the fuel cycle and its possible use to mitigate carbon emissions.

CEDA Chief Executive, Professor the Hon. Stephen Martin, said with the carbon tax passing the Senate this week, it was time Australia got serious about how it was going to deliver clean, low-cost, reliable energy.

“Previously, with abundant and cheap alternative sources of energy such as coal or gas, nuclear was not an option that needed to be considered. However, the need to address climate change has altered the ball game,” he said.

“Despite public unease with nuclear, CEDA has chosen to examine this issue because the current public policy debate on how to decarbonise our economy relies on significant technological and cost breakthroughs surrounding renewable energy technologies, with no back-up options.

Continue reading at CEDA report finds nuclear energy vital option for Australia