April 13, 2022, 9:30AMNuclear NewsRischManchinSens. Joe Manchin (D., W.Va.) and Jim Risch (R., Idaho) recently introduced the International Nuclear Energy Act of 2022, a measure aimed at developing a strategy to counter the growing influence of Russia and China on the global civil nuclear export market.Manchin is chairman of the Senate Energy and Natural Resources Committee, and Risch is the ranking member of the Foreign Relations Committee.Bill basics: The legislation, according to the lawmakers, would:Establish an office to coordinate civil nuclear exports strategy, establish financing relationships, promote regulatory harmonization, enhance safeguards and security, promote standardization of licensing framework, and create an export working group.Read more...
April 5, 2022, 11:56AMNuclear NewsIn its latest report on the climate, released yesterday, the United Nations’ Intergovernmental Panel on Climate Change (IPCC) declares the need for immediate and deep emissions reductions across all sectors for the world to stand a realistic chance of limiting the increase in global warming to 1.5°C (2.7°F).Read more...
March 31, 2022, 7:12AMANS Nuclear CafeThe Nuclear Innovation Alliance released a report on March 25 titled “ESG Frameworks and Advanced Nuclear Energy,” discussing how environmental, social, and governance (ESG) frameworks affect advanced nuclear energy technologies. The report, as described in an NIA press release, “includes potential actions the nuclear industry and financial community should consider to promote consistent analytical treatment of nuclear energy within ESG frameworks and efficient access to capital for nuclear investments.”Need for consistent frameworks: Judi Greenwald, the NIA executive director, explained the need for consistent ESG frameworks, noting that “[n]uclear energy technologies are particularly affected by the inconsistent treatment of some frameworks regarding the ESG attributes of energy technologies. . . . As frameworks are standardized and embedded in policy, if their flaws are not addressed, advanced nuclear energy could be left at a disadvantage in terms of access to capital.”Read more...
March 29, 2022, 3:00PMNuclear NewsThe White House yesterday released its $5.8 trillion fiscal year 2023 budget proposal, just two weeks after President Biden signed into law H.R. 2471, the FY 2022 omnibus bill that funds the federal government through September 30.Read more...
March 23, 2022, 3:00PMNuclear NewsHaving made significant investments in nuclear energy over the past year and a half (including C$27.2 million announced just last week), the Canadian government bewildered nuclear advocates earlier this month with its Green Bond Framework.Released on March 3, the framework specifically excludes nuclear energy, along with the transportation, exploration, and production of fossil fuels, arms manufacturing, gambling, the manufacture and production of tobacco products, and the manufacture and production of alcoholic beverages.Read more...
