U.K. Moves to Attract Financing for Nuclear Plants

The British government said on Tuesday that it would introduce legislation enabling a form of financing for nuclear power stations that it hopes will attract investors willing to put up billions of pounds to build new facilities. The government’s move, which would require consumers to help pay for these plants as they are being built, is expected to provide a green light for a long-delayed new nuclear station northeast of London, estimated to cost £20 billion ($27.5 billion). The British subsidiary of Électricité de France, the French utility, has done…

US blocks radioactive fuel to China over fear it wants to TRIPLE nuke stockpile

THE US has blocked radioactive fuel to China over fears Beijing wants to triple its nuke stockpile. President Joe Biden’s administration ordered the Nuclear Regulatory Commission to block exports to China on “national security” grounds, The Times reported. 5 US President Joe Biden with Chinese President Xi JinpingCredit: Getty 5 The Taishan 1 nuclear power station in ChinaCredit: Free for editorial use The export of radioactive materials to China’s state-owned nuclear company the China General Nuclear Power Group is now banned under the order. It comes after Chinese state media…