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” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclearpower plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.
Diablo Canyon nuclearpower plant in California on Oct. 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. Other groups are concerned about health and environmental risks with nuclear energy.
Illinois’ Future Energy Jobs Act, passed in late 2016, qualified Exelon’s Clinton and Quad Cities nuclearpower plants to receive hundreds of millions of dollars per year as zero-carbon resources. Under a landmark 2011 state law, ComEd has spent $2.6 ComEd is also struggling to justify its $9.53
available installed generating capacity – a share significantly greater than that of coal (18.88%) and more than three times that of nuclearpower (8.32%). “And this growth can only accelerate if recent COP26 commitments are kept and the proposed federal Build Back Better legislation is enacted into law.”
For the past nine years, Chicago-based utility ComEd has earned excessive profits from a regulatory structure set in place by a 2011 state law whose passage has been linked to a bribery scandal that’s embroiled key state lawmakers and ComEd’s former CEO. The workings of the 2011 Energy Infrastructure Modernization Act.
Saturday marked the one-year anniversary of the passage of perhaps the most ambitious law ever adopted by a U.S. Local Law 97, one of 10 bills in the sweeping Climate Mobilization Act , requires New York City’s 50,000 largest buildings to reduce their carbon emissions by 40 percent by 2030 and by 80 percent by 2050.
Between March and July 2020, nuclear lobbies met with EU representatives twice as often as they did in 2018, according to the non-governmental organization Reclaim Finance. In response, the European Commission asked its Joint Research Centre (JRC) to assess the absence of significant environmental harm from nuclearpower.
Carbon trading, co-pollutants, and environmental equity: Evidence from California’s cap-and-trade program (2011-2015) ) In this Part 2, I provide some extended details on the assessments presented in Part I. The paper reports that 52% of facilities considered reported emission increases between 2011-12 and 2013-15.
Carbon trading, co-pollutants, and environmental equity: Evidence from California’s cap-and-trade program (2011-2015) ) In this Part 2, I provide some extended details on the assessments presented in Part I. The paper reports that 52% of facilities considered reported emission increases between 2011-12 and 2013-15.
Earlier this month, President Joe Biden signed bipartisan legislation into law meant to speed the development of next-generation nuclear reactors in the US by streamlining approval processes. Next-generation reactors are smaller and modular, meant to make them cheaper and easier to build than old-school nuclearpower plants.
But most jurisdictions use the broader term “clean energy,” which can also include resources like large hydroelectric generation and nuclearpower. Seven states, as well as Puerto Rico and the District of Columbia, have passed 100 percent clean energy transition laws. Washington D.C.
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