Energy Dept. Promises $17.5 Billion in Loans for Nuclear Power

The federal government is committing $17.5 billion in loans to support the construction of up to 10 large nuclear reactors, aiming to bolster the nuclear power industry. While it's uncertain which companies will benefit, this initiative underscores the administration's push to expand nuclear energy as a part of its broader climate strategy. This move could significantly impact the energy sector, potentially influencing the future of nuclear power in the U.S. and its role in combating climate change.