Chris Bowen (McMahon, Australian Labor Party, Minister for Climate Change and Energy) Share this | Hansard source

Well spotted, Mr Speaker. They've dropped their small modular reactor policy in the face of a 70 per cent cost increase for the only small modular reactor under development in the world, NuScale, to A$14 billion for one nuclear reactor. So now they're going with large nuclear reactor policy—six of them around the country. But the poster child for large nuclear reactors is Hinkley Point C in the United Kingdom, which has just come in at A$86 billion. That's their genius policy to put downward pressure on power prices. Today the Leader of the National Party was claiming, on Sky News, that nuclear policy would see bills go down—at $86 billion a pop for one reactor, and they want six. Let's bring on the debate.

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