nuclear-news

US nuclear sector intensifies lobbying in bid to prevent subsidy cuts.

 The US nuclear industry is intensifying its lobbying blitz to save the
Inflation Reduction Act tax credits it says are vital for meeting
artificial intelligence-fuelled energy demand. On Monday lawmakers from the
House ways and means committee, which is responsible for writing tax law,
released draft legislation that would phase out nuclear energy subsidies
starting in 2029, in a move that caught the sector by surprise. Lobbyists
are now racing to persuade lawmakers to rescind or moderate cuts to nuclear
industry subsidies, which until recently had more bipartisan support than
other low-carbon energy technologies such as wind and solar.

 FT 19th May 2025,
https://www.ft.com/content/c243fd15-bef8-4c98-b06b-8b13ddd0a701

May 21, 2025 - Posted by Christina Macpherson | politics, USA