Congress passes climate bill with tax credits and more for nuclear

August 15, 2022, 9:30AMNuclear News

After hours of debate alternating between Democratic praise for the Inflation Reduction Act (IRA) and Republican denunciation of it, the House of Representatives late Friday passed the sweeping energy, tax, and health care package in a straight party-line vote, 220–207. Its passage represents a significant win for President Biden, who is expected to sign the bill into law this week.

The boldly named $430 billion measure includes $369 billion in energy security and climate spending, with nuclear energy included among the beneficiaries.

To continue reading, log in or create a free account!

Related Articles

Setting the nuclear theme

October 17, 2024, 7:01AMNuclear News

Twice a year, the ANS president and I work with the general chair of our next national meeting to set the theme of the event.It’s no easy process. Sure, one can be anodyne, picking anything...

Finding the courage to dance

September 9, 2024, 7:00AMNuclear News

I recently attended the 2024 Utility Working Conference where, despite the widespread travel disruptions created by Tropical Storm Debby, nearly 600 folks from the U.S. nuclear utility and...