Nuclear News: US nuclear industry tries to hijack Obama's climate change bill
Today's big stories from the nuclear industry:
Guardian: US nuclear industry tries to hijack Obama's climate change bill
’America's nuclear industry and its supporters in Congress have moved to hijack Barack Obama's agenda for greening the economy by producing a rival plan to build 100 new reactors in 20 years, and staking a claim for the money to come from a proposed clean energy development bank. Republicans in the House of Representatives produced a spoiler version of the Democrats' climate change bill this week, calling for a doubling of the number of nuclear reactors in the US by 2030. The 152-page Republican bill contains just one reference to climate change, and proposes easing controls for new nuclear plants. In the Senate, Republican leaders, including the former presidential candidate John McCain, also called this week for loan guarantees for building new reactors to rise from $18.5bn (£11.2bn) to $38bn. Other Republicans have called on the administration to underwrite the $122bn start-up costs of 19 nuclear reactors, whose applications are now under review by the department of energy. If Republican efforts in Congress for a nuclear energy bill and a clean energy bank fail, the US nuclear renaissance is likely to be restricted to new reactors already being built. Jim Riccio, Greenpeace nuclear analyst, said: "The renaissance is on hold or maybe dead on arrival."
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