U.S. Grants $1.1 Billion To Keep Diablo Canyon Nuclear Plant Open
Posted on AllSides November 21st, 2022
From The Center
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The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the Department of Energy's (DOE) initial phase of the $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last nuclear plant in California.
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