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Amy Harder Jun 16
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Nuclear scramble on tax credits

John Bazemore / AP

America's nuclear industry is urging Congress to pass legislation within the next couple of weeks that would allow two pairs of financially struggling nuclear reactors to cash in on expiring tax credits.

Why it matters: The future of America's nuclear power industry -- and a whole bunch of carbon-free electricity -- rests on whether these four reactors come through, as reported in one of my earlier Harder Line columns. Officials at both power companies involved, Southern Company and SCANA, say the tax credits, which under current law would expire before they could take advantage of them, are essential in finishing construction.