How much is a hole in the ground worth? Australia has considered building a nuclear waste dump many times over the decades. Each time, the proposal has fallen through. This time, in South Australia, proponents are making $100 billion dollar claims. Richard and Rod take a look at those claims and the economics of building nuclear waste dumps.
Produced by Jennifer Macey – @jennifermacey
See The Australia Institute’s submission to the South Australian Royal Commission into the nuclear fuel cycle – here
You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.