Energy innovation tax credit proposal released

April 29, 2021, 12:00PMANS Nuclear Cafe

Whitehouse

Crapo

Sens. Sheldon Whitehouse (D., R.I.) and Mike Crapo (R., Idaho), both members of the Senate Finance Committee, have released a discussion draft of the Energy Sector Innovation Credit (ESIC) Act, a technology-inclusive energy tax proposal to encourage innovation in the clean energy sector. (A one-pager on the proposal is available online.)

Nuclear infrastructure bill moves forward in Senate

December 4, 2020, 12:04PMNuclear News

The American Nuclear Infrastructure Act (ANIA)—a bipartisan bill introduced just over two weeks ago in the Senate, with the goal of reestablishing U.S. leadership in nuclear energy—is now headed for the Senate floor. The legislation was advanced at a December 2 business meeting of the Senate Environment and Public Works (EPW) Committee by a vote of 16 to 5.

Senate bill introduced to reestablish U.S. leadership in nuclear energy

November 24, 2020, 9:29AMNuclear News

Barrasso

Whitehouse

The American Nuclear Infrastructure Act (ANIA), S. 4897, released as draft legislation in July and supported by a panel of energy experts at a Senate hearing in August, has been introduced in the Senate.

The bipartisan bill—sponsored by Sen. John Barrasso (R., Wyo.), chairman of the Senate Committee on Environment and Public Works (EPW), and cosponsored by Sens. Sheldon Whitehouse (D., R.I.), Mike Crapo (R., Idaho), and Cory Booker (D., N.J.)—was introduced on November 16.

Dems divided on DFC plan to lift nuclear financing ban

July 15, 2020, 12:27PMNuclear News

The nuclear community’s reaction to last month’s proposal from the International Development Finance Corporation (DFC) to eliminate its legacy prohibition on financing international nuclear energy projects was unsurprisingly positive (see here and here). On the negative side of things, however, was the reaction from Sens. Bernie Sanders (I., Vt) and Edward Markey (D., Mass.), expressed in a July 10 letter to the DFC.

Lawmakers urge NRC to expedite advanced reactor rulemaking

May 20, 2020, 11:52AMNuclear News

A bipartisan group of senators is calling on the Nuclear Regulatory Commission to accelerate the completion of a rulemaking that would establish a technology-inclusive regulatory framework for advanced nuclear reactor technologies.

In a May 15 letter to NRC Chairman Kristine Svinicki, Sens. John Barrasso (R., Wyo.), chairman of the Senate Committee on Environment and Public Works, Sheldon Whitehouse (D., R.I.), Mike Crapo (R., Idaho), and Cory Booker (D., N.J.) note that the Nuclear Energy Innovation and Modernization Act (NEIMA)—signed into law by President Trump in January 2019—requires the NRC to, among other things, complete a rulemaking to license and regulate these technologies no later than December 31, 2027.