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U.S. Democrats launch bill allowing existing nuclear plants tax credit

By Syndicated Content
Jun 24, 2021 | 5:34 PM
WASHINGTON (Reuters) â Five Democrats in the U.S. Senate introduced a bill on Thursday that would allow some existing nuclear power plants to receive a tax credit equal to an incentive already given to operators of wind power turbines.
The bill, led by Senator Ben Cardin, provides a production tax credit of $15 per megawatt hour for existing nuclear plant owners or operators in states such as New York, Illinois, and Pennsylvania which have deregulated power markets. Cardinâs state, Maryland, has two reactors at Exelon Corpâs Calvert Cliffs plant.
Nuclear reactors are virtually emissions-free, but have been struggling to compete with power generation fueled by natural gas, and wind and solar power. The United States has 93 reactors, down from 104 in 2012, as rising security and safety costs put additional pressures on the business. ....

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Biden verkündet Fortschritte bei Infrastruktur-Investitionen

Biden verkündet Fortschritte bei Infrastruktur-Investitionen
rhein-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rhein-zeitung.de Daily Mail and Mail on Sunday newspapers.

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Biden Commits To Bipartisan Deal On Hard Infrastructure

Biden Commits To Bipartisan Deal On Hard Infrastructure
talkingpointsmemo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkingpointsmemo.com Daily Mail and Mail on Sunday newspapers.

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Slog PM: Amazon Changes Course on Office Return Policy, Famine Hits Tigray, Peru Elects a Socialist Prez

Amazon announces a more flexible office return policy: The e-commerce giant that avoids paying a lot of federal taxes will allow corporate employees to work from home twice a week starting this fall, GeekWire reports. The company, which told workers back in March to expect a full return this fall as a "baseline," will also take applications for those who want to WFH more than twice a week. My condolences to the nearby lunch spots.. ....

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Bipartisan Group of Senators Announce Proposal on Infrastructure

Five Democrats and five Republicans announced a plan that would be fully paid for, though they did not offer details. Many lawmakers remained skeptical that it would be approved. ....

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