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On May 10, local time, Russian Presidents Press Secretary Peskov said that Russia is actively developing relations with many countries and will continue to do so. Peskov pointed out that it is very difficult to isolate Russia because Russia occupies a very important position in the world. In addition, Peskov also said that Russian President Putin is willing to engage with leaders of any country in the world, and he is willing to interact to the extent that they are ready to cooperate.On May 10, California Governor Gavin Newsom criticized the U.S. federal government in a video posted on social media. He said that the U.S. governments current tariff policy "may cause the United States to lose its position as the worlds largest economy." In the video, he criticized the U.S. governments tariff policy for blocking U.S. imports and directly affecting the daily lives of ordinary people. "In a few months, people will lack school bags and Christmas toys. Tariffs will make American families even worse." Newsom said that as the state with the strongest economic power in the United States, California occupies an important position in the global economy, precisely because California is committed to "reducing trade barriers and providing quality services to American consumers", but the current tariff policy is undermining all of this, leading to rising prices and stagnation at ports.Kremlin: European countries statements have a "confrontational character".May 10th news: On the evening of May 9th local time, a US federal judge ruled that the Trump administration may not continue to advance its large-scale layoffs or major restructuring plans for multiple federal agencies based on an executive order issued in February this year.Ukrainian President Zelensky: We all agree that the conflict in Ukraine must be ended "in a dignified and peaceful manner."

U.S. Extends Deadline For Nuclear Power Rescue Program Applications

Haiden Holmes

May 19, 2022 10:08

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The U.S. Department of Energy announced on Wednesday that the deadline for nuclear power reactors to apply for federal assistance to keep them operational has been extended by 47 days, until July 5.


The program's initial phase aims to preserve two factories in California and Michigan. More than half of the country's carbon-free electricity is generated by the nuclear industry, which is why the Biden administration wishes to keep nuclear plants operational.


Two industry trade groups, Edison Electric Institute and Nuclear Energy Institute, requested the extension on behalf of their members in a letter to Energy Secretary Jennifer Granholm two days before the DOE's action.


Kathryn Huff, assistant secretary for nuclear energy at the Department of Energy, stated, "We received a request to extend the application period, which could keep at-risk reactors running and provide much-needed clean power to the grid."


Under the concept, known as the Civilian Nuclear Credit (CNC) program, owners of nuclear reactors slated for retirement would receive preference for the initial $6 billion in funding. The money for the CNC is derived from the infrastructure statute enacted last year.


The Michigan Palisades facility of Entergy Corp (NYSE:ETR), which may be eligible, is scheduled to close on May 31.


Entergy stated in an email that it was committed to closing the plant after CEO Leo Denault stated in an April earnings call that there are "major technical and commercial obstacles" to changing course at this time.


Denault stated at the time that Entergy would collaborate with "any eligible party interested in owning the plant and receiving federal funds."


The PG&E (NYSE:PCG)-owned Diablo Canyon facility in California is planned to close in 2025. Tuesday, a corporate representative stated that the utility had not yet determined whether or not to apply for the cash.


Ken Cook, president of the Environmental Working Group, criticized CNC as a "waste of scarce resources" that impedes the transition of the nation and California to renewable electricity.

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