Although a carbon price is rejected by both major political parties at present, several simple and affordable policies, to be implemented by a future federal government and existing state governments, could assist the market to accelerate the renewable electricity transition.

Last month, the South Australian Nuclear Fuel Cycle Royal Commission recommended that the state government develop a business venture to store a large fraction of the world’s high- and intermediate-level nuclear power station wastes in South Australia. It proposes to do this by first building an interim above-ground store, to be followed by permanent underground...