Here's why investors aren't crazy about nuclear:
It's expensive to build nuclear power plants.
There are newer, better climate solutions available.
Investors are becoming more confident in Australia's plans to tackle climate change, but they want the government to set clear goals for getting rid of coal, oil and gas.
Australia's main electricity companies also aren't interested in nuclear power for at least the next 10 years.
The most popular climate solutions for investors are:
Renewable energy (like solar and wind power)
Protecting nature (like planting trees)
Storing energy
Making transportation cleaner (like electric cars)
Developing new materials that are better for the environment
Investors are also happy that the Australian government is putting money towards a clean energy future, like hydrogen power. They want the government to keep making clear plans and taking action on climate change.
Read:
https://www.theguardian.com/australi...alian-ventures