 Energy & Environment |
Energy & Environment |
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Senate set to send nuclear power boost to Biden's desk |
The Senate is poised to send a major energy bill to President Biden's desk this week, which could allow for more nuclear power to be built throughout the U.S. |
The bipartisan bill is seen as a win for the nuclear power industry — making it quicker and less expensive to build them. The legislation seeks to reduce fees for companies that are proposing to build nuclear reactors and establishes a prize that aims to incentivize nuclear deployment. It also seeks to speed up the process for approving new nuclear reactors, establishing and codifying a 25-month timeline for approval — including giving just 18 months for environmental review. Though it has undergone some changes since its initial introduction, supporters of the nuclear bill argue that its passage is crucial for the energy sector's buildout. "America can and should be a leader when it comes to deploying nuclear energy technologies, and this bipartisan legislation puts us on a path to achieve that goal," Sen. Shelley Moore Capito (R-W.Va.) said in a statement last year. However, Edwin Lyman, nuclear power safety director at the Union of Concerned Scientists, raised concerns about a provision in the bill that would change the mission statement of the Nuclear Regulatory Commission, which oversees nuclear power plants. The bill would add to the agency's mission that its regulation should not unnecessarily limit the use of radioactive materials in nuclear energy. "I just see this as inviting the industry to challenge every decision that the commission tries to make that has the potential to impose more than this minimum amount of regulation and could essentially paralyze it from actually working to improve nuclear safety and security," Lyman told The Hill. Read more when the story goes live tomorrow at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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A heat wave is expected to blanket much of the U.S. this week, trapping some in a “heat dome.” And yes, it’s sweltering. |
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| Workers at an electric vehicle battery plant ratified a deal between the United Auto Workers union and Ultium Cells to make batteries for General Motors' electric vehicles. |
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At the brink of what may be the hottest summer on record, the Texas oil and gas industry is pumping out planet-heating fuels at record levels, a new report has found. |
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Branch out with a different read on The Hill: |
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FARMINGTON HILLS, Mich. (AP) — It's hot and getting hotter for workers and everyone else outdoors as the first significant heat wave of the year makes its way eastward across the United States. More than 70 million people were under extreme heat alerts Monday. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Eastern U.S. braces for extreme, long-lasting heat wave: How hot it will get (The Washington Post)
You Have Every Reason to Avoid Breathing Wildfire Smoke (The Atlantic) World's top banks 'greenwashing their role in destruction of the Amazon' (The Guardian)
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Two key stories on The Hill right now: |
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Sen. Chris Murphy (D-Conn.) said in a Sunday interview the Supreme Court seems poised "to fundamentally rewrite" the Second Amendment and raised concerns about the high court's decision to strike down the Trump-era ban on bump stocks. Read more |
| Rudy Giuliani's creditors attempted to persuade a bankruptcy judge to appoint a trustee to take control of the former New York City mayor's finances Monday. Read more |
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Op-ed related to energy & environment submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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