Earlier this afternoon, President Trump signed four executive orders pertaining to boosting U.S. nuclear energy capabilities. Nuclear stocks surged ahead of today’s announcement.
The goal is to put the U.S. on the path to 400 gigawatts (GW) by 2050 - double the goal established by the Biden administration.
Here’s a summary of the actions taken today per the White House website:
Under President Trump’s leadership, America will usher in a nuclear energy renaissance. After decades of stagnation and shuttered reactors, President Trump is providing a path forward for nuclear innovation. Today’s executive orders allow for reactor design testing at DOE labs, clear the way for construction on federal lands to protect national and economic security, and remove regulatory barriers by requiring the Nuclear Regulatory Commission to issue timely licensing decisions.
Read the executive orders for yourselves:
Here’s my official statement on behalf of IWF Center for Energy and Conservation:
“Independent Women Center for Energy and Conservation applauds the Trump-Vance administration for supercharging American nuclear energy production. We must lead globally here and not cede to China and Russia further.
“Nuclear power plants are 93% reliable throughout the year, produce near-zero emissions, and only occupy small tracts of lands compared to utility-scale solar and wind. Dispatchable, reliable baseload power like nuclear energy is required to meet rising electricity demand and to help lower energy prices. This is why more Americans, including 51% of women per a new Gallup poll, are embracing it.
“Across the last decade, at least 12 nuclear reactors have closed down in the name of fighting climate change. New projects, including small modular reactors, have been held back by red tape, onerous regulations, and lawsuits from radical environmentalists. This benefits our adversaries China and Russia, who are rapidly building more nuclear plants.
“The Center applauds the Trump-Vance administration for prioritizing this reliable clean energy source. The actions taken today will help speed up construction of new nuclear facilities without despoiling the environment.”
What do you think about today’s news?