Australian Industry Group CEO Innes Willox says no one should rule out nuclear as a viable energy source.

“We cannot avoid, and nor should we. Other countries around the world are re-looking at nuclear,” Mr Willox told Sky News Australia.

“We are energy rich in Australia. We have 40 per cent of the world’s uranium deposits. We have just gone nuclear with our submarines.”

He said the problem is the time it takes to build the reactors.

“But everything in this conversation is going to take a long time to build and come to fruition.

“There are many eggs in the energy basket but nuclear has to be one of them.”

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