Nobel prize winner: Aust Govt increasing the cost of power

Physics Nobel laureate Steven Chu has said Australian policymakers, by winding back carbon reduction policies, are actually going to make power more expensive. Is he nuts?

Physics Nobel Prize winner and former US Energy Secretary, Steven Chu, made an interesting remark during his visit to Australia this past week. In an interview on Radio National’s breakfast program he was forced to reluctantly comment on the approach of Australian governments to the issue of climate change:

GREGG BORSCHMANN: Are you saying that in Australia that we’re looking at a failure of political leadership on this issue [climate change]?

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