Kerry, Lieberman, Graham: Climate Bill Will Include Nuclear Incentives

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.


Senators John Kerry, Joe Lieberman, and Lindsey Graham are holding a press call right now to discuss their tri-partisan effort to build support for a Senate climate bill. During the call, which AP_ClimatePool is live tweeting, the senators said that the bill will include incentives for building nuclear power plants. As Mariah Blake reports for the upcoming issue of Mother Jones, what the nuclear industry really wants is for the federal government to underwrite new construction of new reactors that Wall Street has deemed too financially risky. (And when Wall Street thinks an investment is too risky, that should make you very nervous.) Now, it looks like the industry may just get its wish: According to AP’s feed, one of the senators just said that a bill must include generous government loan guarantees for nuclear plants in order to secure GOP backing. In other words: the price of getting 60 votes for a climate bill could be a major taxpayer bailout of the nuclear industry. Follow the call here and stay tuned for more updates on Senate climate bill. 

BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

payment methods

BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate