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Tag: crapo

Legislation to spur clean energy innovation debuts on Capitol Hill

July 30, 2021, 7:00AMNuclear News

Approximately 40 percent of cumulative carbon dioxide emission reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale, according to last year’s Special Report on Clean Energy Innovation from the International Energy Agency.

Whitehouse

Crapo

Intent on lowering that percentage, both the Senate and House earlier this week introduced bipartisan legislation to rapidly scale up and diversify emerging energy technologies. On July 27, Sens. Mike Crapo (R., Idaho), ranking member of the Senate Finance Committee, and committee member Sheldon Whitehouse (D., R.I.) introduced the Energy Sector Innovation Credit (ESIC) Act, or S. 2475. The credit, according to Crapo’s office, is a technology-inclusive, flexible investment tax credit (ITC) or production tax credit (PTC) designed to promote innovation across a range of clean energy technologies, including generation, energy storage, carbon capture, and hydrogen production.

Bill to preserve, expand U.S. nuclear energy sector reintroduced

July 19, 2021, 7:02AMNuclear News

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A bipartisan group of senators has reintroduced the American Nuclear Infrastructure Act (ANIA), initially introduced last fall in the previous Congress. Sponsors include Sens. Shelley Moore Capito (R., W.Va.), the ranking member of the Senate’s Environment and Public Works Committee; John Barrasso (R., Wyo.); Cory Booker (D., N.J.); Mike Crapo (R., Idaho); and Sheldon Whitehouse (D., R.I.).

Last month, the American Nuclear Society joined 23 other nuclear-focused entities in signing a letter to those lawmakers urging reintroduction of the bill.

Energy innovation tax credit proposal released

April 29, 2021, 12:00PMANS Nuclear Cafe

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Crapo

Sens. Sheldon Whitehouse (D., R.I.) and Mike Crapo (R., Idaho), both members of the Senate Finance Committee, have released a discussion draft of the Energy Sector Innovation Credit (ESIC) Act, a technology-inclusive energy tax proposal to encourage innovation in the clean energy sector. (A one-pager on the proposal is available online.)

Nuclear infrastructure bill moves forward in Senate

December 4, 2020, 12:04PMNuclear News

The American Nuclear Infrastructure Act (ANIA)—a bipartisan bill introduced just over two weeks ago in the Senate, with the goal of reestablishing U.S. leadership in nuclear energy—is now headed for the Senate floor. The legislation was advanced at a December 2 business meeting of the Senate Environment and Public Works (EPW) Committee by a vote of 16 to 5.

Senate bill introduced to reestablish U.S. leadership in nuclear energy

November 24, 2020, 9:29AMNuclear News

Barrasso

Whitehouse

The American Nuclear Infrastructure Act (ANIA), S. 4897, released as draft legislation in July and supported by a panel of energy experts at a Senate hearing in August, has been introduced in the Senate.

The bipartisan bill—sponsored by Sen. John Barrasso (R., Wyo.), chairman of the Senate Committee on Environment and Public Works (EPW), and cosponsored by Sens. Sheldon Whitehouse (D., R.I.), Mike Crapo (R., Idaho), and Cory Booker (D., N.J.)—was introduced on November 16.

Senate passes defense bill with advanced nuclear provisions

July 27, 2020, 7:07AMNuclear News

In an 86 to 14 vote, the Senate on July 23 passed the National Defense Authorization Act (NDAA) for Fiscal Year 2021, incorporating by amendment S. 903, the Nuclear Energy Leadership Act (NELA). The House of Representatives passed its version of the NDAA, which supports $740 billion in funding for national defense, earlier in the week in a less bipartisan manner, 295 to 125. Members of both chambers will now begin negotiations to hammer out a final bill to send to the president—a process that could take months.

Lawmakers urge NRC to expedite advanced reactor rulemaking

May 20, 2020, 11:52AMNuclear News

A bipartisan group of senators is calling on the Nuclear Regulatory Commission to accelerate the completion of a rulemaking that would establish a technology-inclusive regulatory framework for advanced nuclear reactor technologies.

In a May 15 letter to NRC Chairman Kristine Svinicki, Sens. John Barrasso (R., Wyo.), chairman of the Senate Committee on Environment and Public Works, Sheldon Whitehouse (D., R.I.), Mike Crapo (R., Idaho), and Cory Booker (D., N.J.) note that the Nuclear Energy Innovation and Modernization Act (NEIMA)—signed into law by President Trump in January 2019—requires the NRC to, among other things, complete a rulemaking to license and regulate these technologies no later than December 31, 2027.