The Australian Conservatives have revived the idea of establishing a nuclear waste dump in South Australia to create an annual $3 billion wealth fund.
At the party's launch for the South Australian election campaign on Sunday, upper house candidate Robert Brokenshire said it also remained committed to investigate nuclear power as an energy option.
"Our policy to fully investigate building a nuclear waste repository is absolutely compelling as once such a facility is established it would generate billions of dollars every year," Mr Brokenshire said.
"We are committed to looking at all types of energy production including nuclear energy to find the cheapest and most reliable form of energy."
The idea of a high-level nuclear dump was investigated by the Labor government through a royal commission which recommended one be established to take waste from overseas as a valuable source of income.
But the idea failed to win support from a citizens' jury and on Sunday Premier Jay Weatherill said simply it was "dead".
But Mr Brokenshire said the revenue generated by a dump would allow for $3 billion in annual tax cuts.
He said the Australian Conservatives' plan would also allow for cheaper electricity costs and would deliver Australia's lowest cost-of-living and lowest cost of doing business.
"Australian Conservatives stand alone with the political courage and plan to make South Australia great again," Mr Brokenshire said.
