Biden Could Subsidize Nuclear Power To Reach U.S. Climate Goals

The U.S. Administration has reportedly realized that America cannot reach its new ambitious emission-reduction goals without nuclear power generation. The White House has signaled it could create new subsidies to support nuclear plants, Reuters reported on Wednesday, quoting sources with knowledge of ongoing private talks. U.S. President Joe Biden unveiled last month a new emissions-reduction target aiming to cut greenhouse gas emissions. As part of the new U.S. Nationally Determined Contribution (NDC) for the Paris Agreement, which President Biden…