Dipka Bhambhani of Forbes reports that Biden will continue Trump’s support for nuclear energy.
- In order to reduce our carbon emissions, nuclear energy production must be scaled up.
- Nuclear faces regulatory barriers, such as licensing fees, that must be addressed.
- The United States could lower the cost of building new reactors through a financing partnership with our allies.
“’Building new reactors and bringing first-of-a-kind reactors to demonstration involve high capital costs and financial risk, for the purchasing party as well as the vendor. If the United States is to play a role at all in building new nuclear plants, it must address the challenges inherent in financing new nuclear builds; one mechanism to do this is through partnering with close US allies to co-finance new nuclear projects.’”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
