WASHINGTON - U.S. Senator Chris Coons (D-Del.) has introduced three bipartisan bills in recent days focused on strengthening U.S. nuclear energy policy and international collaboration. The legislation focuses on enhancing civil nuclear exports, financing, and streamlining the nuclear licensing process to reduce red tape.
"To lower costs for consumers and combat climate change, the U.S. and the rest of the world need to be able to rely on sources of clean and abundant power, including nuclear energy," said Senator Coons. "Right now, however, barriers that we have erected for domestic and international nuclear development stunt our energy independence here at home and give China and Russia the upper hand abroad. I'm pushing for these three bills because I know how important it is for the United States to on the cutting edge of clean, safe, affordable nuclear power."
The three bills Senator Coons has introduced are:
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The Efficient Nuclear Licensing Hearings Act with Senator Tim Scott (R-S.C.), which would remove the Nuclear Regulatory Commission's (NRC) mandatory hearing requirement created by the Atomic Energy Act of 1954 without limiting opportunities for public engagement in order to enhance and boost the efficiency of the NRC in reviewing new reactor applications. The text of the bill is available here.
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The International Nuclear Energy Act with Senator Jim Risch (R-Idaho), which would support the U.S. domestic nuclear energy industry's leadership and offset China's and Russia's growing influence on international nuclear energy development. The bill would create an office to coordinate nuclear export strategies and financing, promoting regulatory harmonization and standardization, and enhancing safeguards and security. The bill would also form programs to support international nuclear energy collaboration and calls for a cabinet-level biennial summit focused on nuclear safety along with industry and government relationships. The text of the bill is available here.
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The International Nuclear Energy Financing Act with Senator Dave McCormick (R-Pa.), which would encourage more financing for nuclear energy projects to create more U.S. jobs. The legislation would do this by empowering the Treasury to leverage its influence to ensure that international financial institutions support U.S. nuclear exports. The text of the bill is available here.
Senator Coons is a Co-Chair of the bipartisan Senate Climate Solutions Caucus.