(Bloomberg) The UK government will invest an additional £1.3 billion ($1.7 billion) to build the Sizewell C nuclear plant to try and entice private investors to back the project.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hampshire ShutoutGloom Over China Assets Is Spreading Beyond Battered StocksThe
Shell’s board faces a shareholder rebellion as large investors including the UK’s biggest pension scheme prepare to back a climate activist resolution. Twenty-seven investors have agreed to back a resolution filed by the Dutch shareholder activists at Follow This that calls for the oil company to align its medium-term emissions reduction targets with the 2015 Paris agreement. – Guardian
The new constructions are intended to have an operation timeframe of 60 years and will require another 100 years after shutting down to cool enough to remove the remaining waste.
Environment Agency issues three new environmental permits to NNB Generation Company (Sizewell C) Limited for a new nuclear power station at Sizewell in Suffolk.