Climate-conscious investors put nuclear dead last on list of desirable Australian ventures

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Fewer than one in 10 investors exploring new investments in the technology, with most preferring renewables

Cooling towers at a nuclear power plant. The Investor Group on Climate Change survey found a rebound in confidence in Australia’s climate policy.Cooling towers at a nuclear power plant. The Investor Group on Climate Change survey found a rebound in confidence in Australia’s climate policy.Nuclear energy ranks last on the list of climate technologies that big institutional investors want exposure to, according to a survey of climate conscious investors with $37tn under management.

“This is due to nuclear energy’s very high cost, and the lack of maturity and deployment in next generation technologies,” a policy brief on the survey said, citing Asked to nominate the policies they wanted the government to prioritise, most investors called for sector-by-sector decarbonisation plans to keep global heating under the 1.5C threshold.

 

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