SEN. TIM SCOTT INTRODUCES LEGISLATION TO ENCOURAGE INVESTMENT IN NEW NUCLEAR FACILITIES, BRING MANUFACTURING BACK TO U.S.

WASHINGTON, Oct. 7 -- Sen. Tim Scott issued the following press release:

U.S. Senator Tim Scott (R-S.C.) introduced the Opportunities for Nuclear Energy Investment Act, which is designed to encourage investment into the construction of new nuclear facilities and bring grid equipment manufacturing back to the United States.

"American energy dominance requires more nuclear facilities and a modernized energy grid," said Sen. Scott. "The Opportunities for Nuclear Energy Investment Act would create jobs, strengthen American manufacturing, and unleash American energy by encouraging private investment in new nuclear facilities. Keeping production at current levels would leave our country dependent on foreign energy sources, but by expanding nucl...