The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

USA’s $1.2tn bipartisan infrastructure bill provides $6bn to prop up ailing, aging, unprofitable nuclear power plants.

Ailing nuclear power plants propped up by US infrastructure law. A 2018 report from the Union of Concerned Scientists found that more than a third of American nuclear power plants were unprofitable.

The $1.2tn bipartisan infrastructure bill that Biden signed into law on Monday provides $6bn in
grants for struggling reactors.

The president’s “Build Back Better” spending bill under debate in Congress would also establish a nuclear power production tax credit worth billions of dollars. The federal funding follows bailouts in several US states for nuclear generators on the brink of closure.

 FT 17th Nov 2021

November 20, 2021 - Posted by | politics, USA

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