Australian opposition proposes nuclear power, gas expansion, and dropping emissions target to support Capacity Investment Scheme.

Australian opposition leader Peter Dutton's Coalition plans to expand the use of gas in the electricity grid by including it in the government's Capacity Investment Scheme, which currently funds only renewable energy projects. The Coalition aims to abandon the 43% emissions reduction target by 2030 and proposes building up to seven nuclear power plants to achieve net zero emissions by 2050, countering the current government's renewable-focused energy strategy.

October 15, 2024
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