Connect with us

Hi, what are you looking for?

CrazyFlux.comCrazyFlux.com

Tech News

Congress votes to advance nuclear energy development in the US

Aerial view of a nuclear power plant on the coast of California.
Diablo Canyon nuclear power plant in California on Oct. 25, 2022. | Laura Dickinson/San Luis Obsipo Tribune/Tribune News Service via Getty Images

Congress has passed a bill aimed at giving nuclear energy a boost in the US. The Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act is now waiting for President Joe Biden’s signature to become law. The Senate passed the bill on Tuesday, after the House of Representatives passed a similar bill in February.

The bill is supposed to speed up development of next-generation nuclear reactors and position the US to lead the international market, while also helping aging reactors stay online. Nuclear energy is still a divisive solution for reducing greenhouse gas emissions causing climate change, but it has gained bipartisan support in recent years.

Continue reading…

You May Also Like

Editor's Pick

Walter Olson In today’s Harrington v. Purdue Pharma, the Supreme Court confronted a recurring issue in the context of mass legal settlements: Should the courts...

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave recaps Wednesday’s late-stage rally for the S&P 500. He analyzes the charts of FDX, TSLA, RIVN,...

Editor's Pick

In this video from StockCharts TV, Julius takes a look at rotation among growth/value and size segments, followed by a look at current sector...

Editor's Pick

Waiting for a perfect setup—technically or fundamentally—can sometimes be a perfect way to miss an opportunity. The disruptor is market sentiment, as it jumps...