Troubled small modular nuclear reactor developer NuScale (SMR:NYSE) has laid off about 40% of its staff, some 200 employees. While the company has not acknowledged the layoffs, Huffpost obtained a recording of the “virtual, all-hands meeting” at the company’s Portland, Ore., headquarters last Friday (Jan. 5). The online news service also had “Two sources with… More No happy new year for Nuscale

By Eric Gomez and Henry Sokolski All eyes are currently riveted on Israel’s ground war in Gaza, but it’s not too soon to consider what comes next — a U.S.-brokered deal to normalize Israeli-Saudi relations. Before Hamas attacked Israel on Oct. 7, President Joe Biden had already offered Riyadh a formal defense commitment and civil nuclear energy cooperation including enriching… More Guest Commentary: Will a Gaza settlement raise nuclear weapons risks?

The Internal Revenue Service has proposed strict rules for green hydrogen production tax credits. Environmental and renewable energy interests are applauding. Fossil fuel and legacy electric generators are fuming. A fight over the final rules, including the federal courts, looks likely. The Biden administration’s Inflation Reduction Act provided for the hydrogen production tax credits, (known… More IRS proposes tough rules for hydrogen production tax credits

Weather disasters are the journalistic equivalent of potato chips. Betcha can’t eat one. Extreme weather has it all for the news business. Great images, heart-wrenching human stories, lots of blame to spread. And for climate evangelists, it’s self-evident evidence, meaning evidence to oneself. But for those who value data over image or ideology, 2023 doesn’t… More 2023’s climate: It was a meh year for the U.S.