July 9 NEC Energy News
¶ “Is Nuclear Sustainable? Read The Label” • The EU decided that nuclear is sustainable, but it’s getting some major pushback from scientists, sustainable investor groups, and the finance advisers of the European Commission itself. They argue the rules will divert money from truly green projects to prop up legacy industries and allow emissions to rise further. [Politico]
¶ “Strong Tides Along UK Coast Could Create Electricity For Less Than Cost Of Nuclear Power” • The tides along Britain’s west coast could produce huge amounts of clean electricity for less cost than nuclear, Sky News was told. The tides are only second to Canada’s, peaking in the Bristol Channel, off the coast of north Wales, and off northwest England. [Sky News]
¶ “UK Government Delays Sizewell C Decision” • In a written statement to the House of Commons, Business Minister Paul Scully said that Business, Energy and Industrial Strategy Secretary Kwasi Kwarteng’s decision on the Sizewell C nuclear power plant would be given by 20 July. The decision had been scheduled for July 9. [World Nuclear News]
¶ “SCOTUS EPA Ruling Will Not Stop Plans For Public Power Decarbonization” • The recent ruling by the Supreme Court that limits the EPA’s authority to cap greenhouse gas emissions will not materially affect public power utilities’ credit quality or the move away from fossil fuels, Fitch Ratings says. Any benefits for fossil fuels should be short lived. [Fitch Ratings]
¶ “Biden-Harris Administration Takes Drive Forward To Combat Climate Change” • To combat climate change and bring down costs for families, the Department of Transportation’s Federal Highway Administration announced a Notice of Proposed Rulemaking for states and municipalities to track and reduce GHG emissions. [CleanTechnica]
¶ “McCain’s Will Use 100% Renewable Energy By 2030” • Global potato processor McCain Foods is constructing five solar facilities in Aroostook County, Maine, that they say will power half of one of their largest plants. McCain’s has committed to using 100% renewable electricity by 2030, according to a spokesman for the company. [Bangor Daily News]
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