Headlines: Coalition hands down nuclear power costings
Dec 13, 2024
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The Coalition's ambitious nuclear energy proposal is under scrutiny, with projections estimating a staggering $300 billion cost. Meanwhile, over 500 Qantas engineers have staged a strike, demanding better wages after stalled negotiations. In a fascinating twist, Elon Musk has hit a historic milestone, becoming the first person to surpass a net worth of $400 billion. Additionally, Caitlin Clark has been celebrated as Time's Athlete of the Year, showcasing how sports and activism continue to intersect in today's headlines.
The Coalition's proposed nuclear energy policy, costing an estimated $300 billion, aims to lower energy bills but faces skepticism from the CSIRO regarding competitiveness and timeliness.
Over 500 Qantas engineers have gone on strike for better pay, highlighting ongoing labor tensions and potential disruptions during a peak travel season.
Deep dives
Nuclear Energy Proposal and Its Critique
The Coalition has proposed a nuclear energy policy that entails an estimated cost of $300 billion, aiming to introduce a mix of zero-emission nuclear alongside renewables and gas. Opposition leader Peter Dutton asserts that this plan will lower energy bills for Australians. However, the CSIRO has raised concerns, indicating that nuclear power may not be the most competitive or timely option for achieving Australia's goal of net-zero emissions by 2050. The Labor government has criticized the Coalition's costings as flawed and emphasizes the need for a robust energy strategy for the future.
Qantas Engineers Strike and Its Implications
More than 500 Qantas engineers have initiated strike action nationwide after stalled negotiations regarding pay rises, demanding a 25% increase over three years. The strike coincides with a peak travel season and has raised concerns about potential delays, despite Qantas claiming it has prepared contingencies to mitigate disruptions. The Engineers Alliance, which includes members of the Australian Manufacturing Workers Union, accuses the airline of misleading its workforce about negotiation talks. If a resolution is not reached, further strike actions may occur during the Christmas period, indicating ongoing labor tensions within the airline.
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Analysis of Coalition's Nuclear Energy Proposal and Current Headlines
The Coalition has unveiled analysis showing its proposed nuclear policy could cost an estimated $300 billion.
More than 500 Qantas engineers have walked off the job in strike action around the country today. It comes after negotiations between unions and the airline stalled.
Elon Musk has become the first person in the world with a net worth above $US400 billion ($AU628 billion).
Hosts: Sam Koslowski and Emma Gillespie
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