POV: Power Breakfast

Power Breakfast for Jan. 21, 2015

Climate change emphasized in State of the Union; Charities fund grants to help states reduce emissions; Cost of retiring nuclear reactors debated

POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • President Obama used the State of the Union address Tuesday to send a strong message that climate change issues will be at the top of his agenda this year, Fuel Fix reports. In his response, the Senate Environment and Public Works Committee chairman criticized Obama’s top environmental policy priorities that he says will cost the economy $479 billion, The Hill reports.
  • “Two charitable groups will spend $48 million over the next three years to help states figure out how to reduce emissions from electricity production, an effort to seize the possibilities that are opening up as the cost of clean power falls,” The New York Times writes. The grants funded by Bloomberg Philanthropies and a California couple are said to “provide technical assistance, including economic forecasting and legal analysis, for a dozen or so states that are willing to consider ambitious clean-energy plans.”
  • Decommissioning nearly half of the nuclear reactors in operation globally by 2040 will cost more than $100 billion, the International Energy Agency has said, but Reuters reports many experts call that an underestimation because it does not include the cost of nuclear waste disposal and long-term storage.
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