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Workers rally for Climate Union Jobs Act

Hundreds of union workers joined a bipartisan group of lawmakers Friday in front of the Illinois Capitol in support of the state s nuclear power industry

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U S senator prepares tax credit legislation for existing nuclear plants

By Reuters Staff 2 Min Read FILE PHOTO: Sen. Ben Cardin (D-MD), speaks during a news conference at the U.S. Capitol in Washington, U.S., March 23, 2021. Erin Scot/ Pool via REUTERS WASHINGTON (Reuters) - U.S. Senator Ben Cardin is preparing legislation that would provide a tax credit for existing nuclear power plants, a move that follows the Biden administration’s signaling that it supports the subsidies to help meet climate goals. Cardin, a Democrat, said he would soon introduce a production tax credit for the reactors, which are virtually free of carbon emissions and provide high-paying union jobs. “We’ll attempt to get that included in an energy package,” Cardin told Reuters on Monday night. “We’re not sure the pathway yet.”

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Will The U S Nuclear Industry Finally Get Government Help?

4 hours Senators Propose Pro-Nuclear Tax Amendment 19 hours Activist Investor Wins Exxon Board Seats In Day Of Reckoning For Big Oil 21 hours Norway s Oil Industry Boosts Investment Despite IEA Report 22 hours Dutch Court Orders Shell To Slash Emissions In Historic Climate Case 24 hours Iran Bans Crypto Mining During Hot Summer Months 1 day Nissan May Build Huge Battery Plant In The UK 1 day Ford Confirms That 4 Out Of 10 Cars It Sells In 2030 Will Be Electric 1 day Analyst: Iran’s Oil To Return To Market In August At The Earliest 2 days Oil Rises On Bullish API Inventory Report 2 days Biden Administration Looks To Build Two Wind Farms Off California s Coast

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U S senators introduce nuclear power credit to help curb emissions

3 Min Read WASHINGTON (Reuters) -Three Democratic U.S. senators introduced a measure on Wednesday to boost existing nuclear plants to a wide energy tax reform bill, after the Biden administration pushed for such a change to help curb carbon emissions. The Indian Point Energy Center nuclear power plant, which New York Governor Andrew Cuomo announced will shutdown as planned, is pictured along the eastern shore of the Hudson River in Buchanan, New York, U.S., April 30, 2021. REUTERS/Mike Segar Senator Ben Cardin introduced the amendment on the tax production credit with fellow Democrats, Senators Sheldon Whitehouse and Bob Casey. “We’re in danger of seeing the premature closing of the nuclear reactors in this country,” Cardin said before introducing the amendment at a hearing considering the wider bill, the Clean Energy for America Act. Cardin did not ask for a vote on the measure, a move to allow time to refine it as legislation advances.

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Inside Clean Energy: What s Cool, What We Suspect and What We Don t Yet Know about Ford s Electric F-150

Inside Clean Energy: What s Cool, What We Suspect and What We Don t Yet Know about Ford s Electric F-150
insideclimatenews.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideclimatenews.org Daily Mail and Mail on Sunday newspapers.

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