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.

House sends chip production and scientific R&D bill to Biden

July 29, 2022, 8:55AMNuclear News
The U.S. Capitol. Photo: Wikimedia commons.

In a 243–187 vote, the House of Representatives yesterday passed the CHIPS and Science Act of 2022, a $280 billion economic competitiveness package aimed at bolstering U.S. semiconductor manufacturing, as well as scientific research and development, including nuclear energy R&D.

Biden signs infrastructure bill into law

November 16, 2021, 9:30AMNuclear News

Surrounded by members of his cabinet, congressional leaders, and others, President Biden yesterday afternoon signed into law the $1.2 trillion Infrastructure Investment and Jobs Act—representing a much-needed victory for the president, whose approval rating, according to a new ABC News/Washington Post poll, sits at 41 percent.

Congress urged to include advanced nuclear in clean-energy tax credits

October 13, 2021, 9:30AMANS Nuclear Cafe

The Breakthrough Institute, an environmental research center, last week sent a letter to congressional leaders arguing that advanced nuclear energy needs to be included in legislation proposing an expansion of federal tax credits for clean energy.