The U.S. government is pumping money into nuclear energy despite the uncertain revenue outlook. While many criticize Biden for supporting an industry with such high costs when the money could be put towards developing the renewable energy sector, the state is adamant that this is a necessary move to meet net-zero targets and bridge the gap in the energy transition.
The Department of Energy (DoE) has announced it will be investing billions into keeping existing nuclear power plants open over the next few years in a bid to support the U.S.…Biden Is Ready To Bet Big On Nuclear Energy
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