Dutton engulfed by nuclear mushroom cloud

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This is such a bad idea, both politically and economically. I never agree with Australia’s evil energy firms, but they are right about this:

Energy Australia, whose Hong Kong-listed owner CLP currently operates two large nuclear power stations in mainland China, said the company was “committed to Australia’s clean energy transformation, reducing emissions as quickly and affordably as possible while maintaining system reliability”.

…“Given long lead times for development, [nuclear is] a potential option for the late 2030s or 2040s.”

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.