White House to announce 2021 budget: Nuclear energy budget increased to $1.2 billion

Citing multiple U.S. media reports, U.S. President Donald Trump will announce the 2021 budget on the afternoon of the 10th local time, trying to plan for his possible second term. It was revealed that Mr. Trump had set aside $1.2 billion for nuclear energy research and development and related programs, well above last year’s budget of $824 million. Despite the significant increase in the budget, it is still less than the $1.5 billion Congress allocated for nuclear power last year.

White House to announce 2021 budget: Nuclear energy budget increased to $1.2 billion

Photo by WikiMedia

Mr. Trump said the increase in the nuclear budget was aimed at “revitalizing domestic industry and the ability of domestic technology to compete abroad” and said he wanted to increase U.S. uranium production to better address “national security issues.”

Keeping U.S. nuclear reactors online has been a priority for Mr. Trump since taking office. He signed two bills to speed up the development of advanced nuclear reactors and simplify licensing procedures. He has also allocated sufficient funds to the field, including $300 million in this year’s proposal for a multi-purpose test reactor (VTR) for the test ingested reactor fuel and materials. Nuclear power now accounts for 20 percent of America’s energy mix and half of its carbon-free electricity. Nuclear power, however, has been trying to gain a bigger foothold in the United States.

“I personally don’t think nuclear power is a way to address greenhouse gas emissions,” Steven Cohen, a former executive director of The Globe Institute at Columbia University, said in an email to The Verge. On the other hand, scientific research on nuclear energy and other forms of energy and energy storage should be a high priority for our national laboratories and research universities. “

Among Democrats and environmentalists, expanding nuclear power as a potential solution to climate change has been a divisive and pressing issue. Proponents argue that nuclear technology is safer than existing ones, and that wind and solar are as important ways to stop climate change. Opponents have focused on the high cost of nuclear energy, noting that the United States still does not fully know how to dispose of all its nuclear waste.

The $4.8 trillion budget is reportedto plans to increase U.S. military spending by 0.3 percent to $740.5 billion in fiscal year 2021, which begins On October 1, including the formation of a space force, and cut non-defense spending by 5 percent to $590 billion. NASA is expected to be one of the largest budget increases, with NASA’s budget rising 12 percent next year to $25 billion, up from about $22 billion, as Trump tries to meet Trump’s goal of returning U.S. astronauts to the moon by 2024, the report said.

In addition, the U.S. Department of Veterans Affairs and the National Nuclear Security Administration received budget increases of 13 percent and 19 percent, respectively. On the other hand, the U.S. Environmental Protection Agency will cut spending by 26%. The White House budget reflects the administration’s priorities and also reveals fiscal policy goals in the event of a Trump re-election victory, the commentary said. “The new budget, however, is unlikely to become law because Democrats control the House of Representatives, and the Republican-led Senate spending bill needs bipartisan support.” “