Nationals Senator Bridget McKenzie says nuclear energy is cheap, reliable, low on emissions, and “we are just kidding ourselves” if we compete on the international stage without it.

“We have the resource in our own back yard,” she said.

Australia holds 40 per cent of the world’s uranium reserves, yet does not produce nuclear energy.

Nationals Senators earlier this year drafted legislation which would allow the Clean Energy Finance Corporation to invest in nuclear power.

Ms McKenzie told Sky News host Alan Jones “we’re still waiting” for Energy Minister Angus Taylor to put the legislation through parliament and spark debate on the issue.

“We’re competing on the international stage,” she said. “Every single one of our competitors utilises this energy.

“Everyday Australians see the sense in adopting this, it’s crazy not to.”