nuclear-news

Illinois very soon to vote on a Bill for the state to prop up the nuclear industry

Gina McCarthy, President Joe Biden’s climate adviser, has said existing nuclear plants are “absolutely essential” to hit U.S. goals to decarbonize the electric grid by 2035 and the administration has supported federal incentives for the nuclear in

Illinois could vote Tuesday on bill that aims to save nuclear plants,   By Timothy Gardner,  Aug 31 (Reuters) – The Illinois legislature is edging closer to a vote as soon as Tuesday on a bill that aims to prevent two nuclear power plants from shutting, as the owner moves to close the first plant next month unless the state acts.

The legislature could vote in a special session on a compromise of a wide-ranging energy bill, introduced Monday, or a narrow version of it that would allow nuclear plants to earn carbon mitigation credits for generating virtually emissions-free power  [not really emissions-free, considering the whole nuclear fuel chain]. Tuesday’s session is on legislative mapping, but could include the energy bill vote………..

Lawmakers were set to meet on Tuesday to consider a measure on the bill.

Exelon Corp (EXC.O) has said it will close the Byron nuclear plant in mid September and the Dresden plant in November if a state or federal program does not come to the rescue.

Gina McCarthy, President Joe Biden’s climate adviser, has said existing nuclear plants are “absolutely essential” to hit U.S. goals to decarbonize the electric grid by 2035 and the administration has supported federal incentives for the nuclear industry.

September 2, 2021 - Posted by Christina Macpherson | politics, USA