Biden administration to subsidise nuclear reactors on the pretext of stopping climate change?
An activist group slammed the of tax credits for aging plants saying it would slow deployment of renewable energy like wind and solar power. “A nuclear bailout is wrong for taxpayers, wrong for ratepayers, and wrong for the climate,” said Lukas Ross, program manager at Friends of the Earth.
U.S. eyes nuclear reactor tax credit to meet climate goals -sources, Reuters, Timothy GardnerJarrett Renshaw , 4 May 21, The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters.