✓ Passed into LawLords

UK Parliament · Bill

Nuclear Energy (Financing) Act 2022

Summary

This Act sets up a financial framework to help pay for building new nuclear power stations in the UK. It allows the government to provide funding and support for nuclear energy projects as part of plans to reduce carbon emissions and meet energy needs.

A vote to support means

  • Supporting this Act means backing government investment in new nuclear power plants to produce clean electricity. Supporters believe nuclear energy reduces carbon emissions, creates jobs, and provides reliable power to keep energy bills more stable in the future.

A vote to oppose means

  • Critics worry about the huge costs to taxpayers and who pays if projects go over budget. Others are concerned about nuclear waste storage, safety risks, and whether the money would be better spent on renewable energy like wind and solar.

Cast Your Vote

People's Vote1 votes
100% Support · 10% Oppose · 0
Parliament's Vote511 MPs
90% Ayes · 45810% Noes · 53

Democratic Gap

10% — Small gap

Bill Passage

Commons

  • 1st reading26 Oct 2021
  • 2nd reading3 Nov 2021
  • Committee stage16 Nov 2021
  • Report stage10 Jan 2022
  • 3rd reading10 Jan 2022

Lords

  • 1st reading11 Jan 2022
  • 2nd reading21 Feb 2022
  • Committee stage8 Mar 2022
  • Report stage24 Mar 2022
  • 3rd reading30 Mar 2022
Royal Assent31 Mar 2022
Full Bill Description(click to expand)

No description available