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Labor steps up attack on Coalition energy policy

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Dutton clashed with NDIS Minister Bill Shorten on Today this morning on the cost of the Coalition’s proposal to build seven nuclear reactors on the sites of retired coal-fired power plants.

Shorten repeated the familiar line of opponents of the plan that it lacked detailed spending and accused the Opposition Leader of “running for Prime Minister of La La Land” with his statement.

NDIS Minister Bill Shorten, left, and Opposition Leader Peter Dutton. (nine)

“However, the real problem is this nuclear fantasy. I mean, frankly, the economics of Peter Dutton’s proposal just don’t add up at all.

“That’s why he hasn’t disclosed his expenses, is it?”

The publication of the Coalition’s nuclear power plan earlier this week has created uncertainty among investors ready to pour billions of dollars into Australia’s renewables sector.

But Dutton said he was not worried about “billionaires who want to make more money from the Australian taxpayer”.

“I want to reduce Australians’ electricity prices. I want to make sure we have reliable energy. And as we understand today that the independent regulator is warning that we will have disruptions and disruptions under this government,” he said.

Construction work at the Hinkley Point nuclear power station in southwest England. (Photo by Finnbarr Webster/Getty Images) (Getty)

“I want to make sure we have cleaner energy and nuclear is a zero emissions technology and has been used in Australia since 1958.”

Dutton said Australia was lagging behind other major industrialized nations and was the only country in the world’s top 20 economies that had not adopted nuclear power.

But Shorten pointed to the skyrocketing costs of Britain’s planned Hinkley Point nuclear plant as an example of a nuclear project running late and over budget.

“The man is now running for Prime Minister of La La Land. The truth is that nuclear power is much more expensive.

“[Hinkley Point] it was promised in 2010, it won’t be delivered until 2028, 2029. It went from $25 billion to $80 billion,” he said.

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