A $6 billion bailout for US nuclear power plants?

Posted: 28th April 2022


By Dawn Stover | April 26, 2022

Aerial view of Palisades Nuclear Plant on Lake Michigan

Palisades Nuclear Plant is located near Covert, Michigan, on the eastern shore of Lake Michigan. Photo courtesy of ©Entergy Nuclear, CC by NC-ND 2.0

The massive bipartisan infrastructure bill signed into law in mid-November included $6 billion for the Energy Department to establish a Civil Nuclear Credit Program. The program will “help preserve the existing US nuclear reactor fleet and save thousands of high-paying jobs across the country,” the Energy Department claimed, saying the nation’s current reactors are “vital” to achieving climate goals.


https://thebulletin.org/2022/04/a-6-billion-bailout-for-us-nuclear-power-plants/?utm_source=Newslett…
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