Coalition’s nuclear plan delaying decisions on renewables, investors say

Some investors are putting new clean energy investments in Australia on hold because of the lack of bipartisan support for renewables. Photograph: Mick Tsikas/AAP

Renewable energy investment experts have revealed growing worries the Coalition’s plans to build nuclear reactors in Australia is breeding uncertainty and is already delaying decisions to back major solar and wind projects.

The Coalition’s push to build taxpayer-funded nuclear reactors at seven locations while refusing to back improved climate targets could see investors shifting huge sums of cash to other economies where the clean energy transition has bipartisan support.