Extending the life of ageing coal-fired power stations before nuclear plants can be built is a “wild fantasy” that would deter near-term investment in renewables and push up power bills, according to Matt Kean, the Climate Change Authority chair.
The federal Coalition’s nuclear strategy was “an illiberal drive to intervene in the market-led energy transition [that had] been elevated from internet chatrooms and lobby groups to the national stage”, said Kean, a former energy minister in a Coalition government in New South Wales.
