Nuclear receives key senate support
WASHINGTON DC - A clean energy standard that includes nuclear power has the support of Senate energy committee Chairman Jeff Bingaman, D-N.M., as long as it's done in a way that also helps the development of renewable energy.
Bingaman made his position known Mon., following Pres. Obama's call in the state of the union for 80 of the nation's electricity to come from clean sources by 2035. In the past, Bingaman has been skeptical of a broader mandate that includes nuclear power.
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UK price cap on household energy bills expected to cost 89bn
LONDON - Liz Truss’s intervention to freeze energy prices for households for two years is expected to cost the government £89bn, according to the first major costing of the policy by the sector’s leading consultancy.
The analysis from Cornwall Insight, seen exclusively by the Guardian, shows the prime minister’s plan to tackle the cost of living crisis could cost as much as £140bn in a worst-case scenario.
Truss announced in early September that the average annual bill for a typical household would be capped at £2,500 to protect consumers from the intensifying cost of living crisis and a scheduled 80% rise in…
