Senate passes Inflation Reduction Act with $369B in energy and climate spending

The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen. The Senate approved the Inflation Reduction Act on a party-line vote Sunday, sending the bill to the House of Representatives for a scheduled vote on Friday. …

Biden cheers Senate vote on Inflation Reduction Act, urges House to pass bill quickly

President Biden on Sunday applauded the Senate passage of the Inflation Reduction Act, calling it the “largest investment ever in combatting the existential crisis of climate change” as he urged the House to pass its version of the bill as soon as possible. The president also touted the 775-page climate, health care and tax bill for “making …

Sinema backs Inflation Reduction Act, clearing hurdle to $369B energy, climate package

Sen. Kyrsten Sinema, D-Ariz., the lone Democratic holdout on the Inflation Reduction Act, on Thursday agreed to support the bill, which includes about $369 billion in energy and climate spending. Senate Democrats aim to pass the bill through the budget reconciliation process, which requires a majority vote and cannot be blocked by a filibuster. Republicans appear …

Global energy crisis drives rethink of nuclear power projects

The Philippines’ Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970s oil crisis. Approved by former dictator Ferdinand Marcos Sr., his son and new President Ferdinand Marcos Jr. has revived discussions on proposals …

TVA moving forward with plans for smaller nuclear reactors to achieve carbon-free goal

Nearly four decades after the Tennessee Valley Authority abandoned construction of more than half of the nuclear plants it once planned to build, the federal utility is moving forward again with plans to pursue the next generation of nuclear power. The federal utility said Tuesday it has an agreement with a nuclear manufacturer to pursue …

Germany’s Lindner repitches nuclear to ease gas crisis

Finance Minister Christian Lindner has warned that Germany’s gas crisis could spark an electricity shortage. Despite opposition from his Green coalition partner, he is pushing for a delayed phaseout of nuclear power. The Isar-II reactor in Bavaria is due to be decommisioned at the end of the year German Finance Minister Christian Lindner on Sunday called …

Congressman Donalds Introduces the National Strategy to Utilize Microreactors for Natural Disaster Response Efforts Act

Today, Rep. Byron Donalds (R-FL) introduced the National Strategy to Utilize Microreactors for Natural Disaster Response Efforts Act. This legislation seeks to create consultation between the president and various federal government entities to develop a national strategy to utilize clean, reliable, and portable nuclear microreactors—instead of diesel generators—to assist with natural disaster recovery efforts. “Our …

DOE formalises test reactor decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reactor at Idaho National Laboratory (INL). If appropriated by Congress, the Versatile Test Reactor (VTR) would be the first fast spectrum test reactor to operate in the United States in nearly …

Surprise Senate climate deal includes incentives for hydrogen, nuclear, renewables

Sen. Joe Manchin of West Virginia (Source: Associated Press). The unexpected inflation reduction legislation announced by Sen. Joe Manchin (D-W.V.) and Majority Leader Chuck Schumer has lawmakers and clean advocates scrambling to read the 725-page bill. The sweeping bill includes nearly $370 million on energy and climate change initiatives. Congressional Democrats, who have pushed an …