logo
Trump plots ‘Manhattan Project 2' in nuclear power push

Trump plots ‘Manhattan Project 2' in nuclear power push

Telegraph23-05-2025
Donald Trump is poised to sign an executive order that would create a new nuclear 'Manhattan Project' designed to help the US win the global race for artificial intelligence.
The order is expected to fast track the development of nuclear power stations in the United States, which would then supply the huge data centres required for AI.
The Trump administration is seeking ways to counter the 'huge resources' being deployed by China to develop the nascent technology.
Chris Wright, the US energy secretary, warned earlier this year that the clamour to build the power sources required to meet the growing need from AI had become 'Manhattan Project 2', in reference to the country's programme to develop atomic bombs during the Second World War.
He said: 'It is critical, just like Manhattan Project 1, that the United States wins this race.
'China has huge resources. They are massively focused on artificial intelligence.
'If we don't unleash American innovation and American entrepreneurs and American construction and bold moves, we will lose Manhattan Project 2.'
The executive order aims to ease the process to approve new nuclear reactors and will also bolster supply chains.
In a sign of his focus on America's power needs, Mr Trump declared a national energy emergency on his first day back in the White House in January.
The US was the first country to develop nuclear power and has 94 nuclear reactors, supplying 97 gigawatts of energy, which gives it the largest nuclear capacity in the world.
Technology companies including Microsoft and Google have embraced nuclear power as a way to meet their expanding energy needs as the US government seeks to catch up with the boom in demand.
In September last year, Microsoft agreed a 20-year deal to purchase power from the Three Mile Island energy plant in Pennsylvania.
The tech giant said the agreement would provide a carbon-free source of energy to power its data centres which are used in AI.
Constellation Energy, the owner of the plant, is expected to reopen it in 2028 following improvements.
Google has also signed a contract with energy company Kairos Power to use its small nuclear reactors to power its AI data centres.
It aims to be powered by Kairos's first reactor before the end of the decade, with the company set to open more by 2035.
Trump is also expected to use the Defense Production Act, which dates back to the Cold War-era, to declare a national emergency over the US's dependence on Russia and China for enriched uranium, which is crucial for nuclear power generation.
McKinsey predicted that power demand from US data centres will rise from 178 terawatt hours per year to 606 terawatt hours by the end of this decade. South Korea produced about 595.6 terawatt hours of electricity in 2024.
Data centres will go from consuming 4.3pc of all power in the US to 11.7pc, the consultancy predicted. Demand from data centres alone is forecast to be equivalent to the entire annual output of more than 70 nuclear power plants by 2030.
A draft summary of the executive order is also said to direct government agencies to permit new nuclear facilities. The departments of energy and defence will also be required to identify federal lands and facilities that can be used for nuclear deployment.
In the US nuclear power has bipartisan support, with Democrats in favour of building new reactors because it is virtually free from carbon emissions.
By contrast Republicans are supportive of new nuclear plants as they provide a reliable source of electricity compared to intermittent energy from wind and solar power, which rely on batteries to provide a consistent supply of power.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tulsi Gabbard becomes ‘weapon of mass distraction' as Trump White House grapples with Epstein fallout
Tulsi Gabbard becomes ‘weapon of mass distraction' as Trump White House grapples with Epstein fallout

The Independent

time21 minutes ago

  • The Independent

Tulsi Gabbard becomes ‘weapon of mass distraction' as Trump White House grapples with Epstein fallout

Critics have accused Tulsi Gabbard of trying to shield Donald Trump's administration from scrutiny through her recent claims that top Obama administration officials should be prosecuted for leading a 'coup' against the president in 2016 by investigating Russian efforts to help his campaign. The allegations and conspiracy theories 'would be sad if they weren't so dangerous,' Democratic Rep. Jason Crow told Fox News on Sunday. 'She has turned herself into a weapon of mass distraction, is what I've been calling it." Crow accused Trump's national intelligence director of 'trying to curry and get back into favor with Donald Trump and has concocted these theories to do so,' an apparent reference to Gabbard and Trump's public disagreement over the state of Iran's nuclear program. This month, Gabbard spearheaded the release of materials regarding the then-outgoing Obama administration's attempts to probe Russian influence operations during the 2016 election. Critics saw the release as an attempt to distract from continued criticism of the Trump administration for its handling of the Jeffrey Epstein files and the president's ties to the late financier, who died in prison while awaiting a federal sex trafficking trial. 'Nothing in this partisan, previously scuttled document changes that,' Senator Mark Warner, the ranking Democrat on the Senate Intelligence Committee, told The Hill after the disclosures. 'Releasing this so-called report is just another reckless act by a Director of National Intelligence so desperate to please Donald Trump that she is willing to risk classified sources, betray our allies, and politicize the very intelligence she has been entrusted to protect,' he said. Gabbard claims the Obama materials, including a declassified 2020 Republican report from the House intelligence committee, reveal his 'years long coup' against Trump. She claims that top Obama officials pushed to override past intelligence findings to allege that Russians specifically wanted to boost the Trump campaign, rather than undermine faith in the U.S. election system more generally, and has called for Obama and others to face criminal charges. Trump has echoed such claims, sharing a fake, AI- generated video of Obama being arrested and thrown in jail on his Truth Social account. As evidence of the alleged coup, Gabbard honed in on past conclusions that Russian actors did not successfully hack digital voting infrastructure or change vote counts, suggesting these findings clashed with intelligence officials' later assessments that Russia sought to help Trump. Susan Miller, a former CIA officer who helped oversee the 2017 intelligence assessment, said Gabbard was 'lying.' 'We definitely had the intel to show with high probability that the specific goal of the Russians was to get Trump elected,' Miller told NBC News, adding that intelligence officials had briefed Trump on their findings and he had thanked them. 'At the same time, we found no two-way collusion between Trump or his team with the Russians at that time,' she said. Obama's office issued a rare public statement denouncing Gabbard's allegations. 'These bizarre allegations are ridiculous and a weak attempt at distraction. Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes,' a spokesperson said. The White House has pushed back against the argument that Gabbard's investigation is a partisan play. 'The only people who are suggesting that the director of national intelligence would release evidence to try to boost her standing with the president are the people in this room who constantly try to sow distrust and chaos among the president's Cabinet,' White House press secretary Karoline Leavitt said during a Wednesday briefing. 'And it's not working,' she said. Multiple assessments have backed up the intelligence community's original findings of a general, one-way Russian influence operation that sought to boost Trump through tactics like hacking Democratic party materials and spreading disinformation online, even though the Trump campaign itself wasn't shown to have collaborated on the effort. Special counsels have investigated both the underlying 'Russiagate' claims and the origins of the FBI investigation into the Trump campaign without uncovering any intentional 'coup' by the Obama administration. A bipartisan 2020 report by the Senate Intelligence Committee — which Marco Rubio was leading at the time — concluded intelligence officials put together a 'coherent and well-constructed intelligence basis for the case of unprecedented Russian interference in the 2016 U.S. presidential election.' During the 2024 election, Trump and his allies campaigned on a promise to rid the federal government, and in particular U.S. intelligence and law enforcement agencies, of politicization, arguing he had been a victim of partisan backlash — with two impeachments, two federal indictments and several criminal and civil cases, including a felony conviction on 34 counts. Since taking office, however, Trump has faced criticism that he is in fact driving politicization of those same entities, through actions like sanctioning law firms that worked with political opponents and calling for the prosecution of his various real and perceived critics. Over the weekend, the president ranted on social media and threatened to prosecute Kamala Harris, Oprah Winfrey and Beyonce while lashing out at news networks whose 'licenses could, and should, be revoked,' claiming without evidence that Democrats spent millions 'probably illegally' seeking high-profile celebrity endorsements during the 2024 campaign.

Former MSNBC anchor makes startling admission about Trump despite recent polling
Former MSNBC anchor makes startling admission about Trump despite recent polling

Daily Mail​

time22 minutes ago

  • Daily Mail​

Former MSNBC anchor makes startling admission about Trump despite recent polling

Ex-MSNBC star Chris Matthews believes 'the country is moving toward' Donald Trump as he suffers some negative polling. The former Hardball host had toed the liberal line as recently as April, when he drew a mocking tweet from a White House spokesperson for criticizing Trump's tariff plans. However, in a weekend interview with disgraced former PBS anchor Charlie Rose, Matthews believes the American people are more aligned with the president than ever. 'To be honest with you, the country is moving towards Trump,' he said, dismissing polls showing he's losing popularity. 'These polls, they come out and show him not doing well — I don't buy that. His strength is still greater than the Democratic strength. He is a stronger public figure than the Democratic people,' Matthews added. Matthews showed what he meant by having to go all the way back to former President Barack Obama to name a Democrat as popular as Trump is. 'Obama still has tremendous charisma — but Trump has strength. And I think that's what all voters look for,' he said. 'They want a president who is a strong figure. And he's got it. It's just there. And half the country buys it.' He also praised what Trump has done on immigration, as well as his foreign policy with regard to the drone strikes on Iran's nuclear facilities. Matthews did dampen ideas of Trump running for a third term but noted that the president was easily more popular and influential than Elon Musk, dismissing any idea of Musk's America Party succeeding. '[Musk] plays the same role as Ross Perot,' he said, referencing the infamous third party candidate who hurt Republicans in the 1992 and 1996 elections and consider those who vote for his party unserious. While some polls have shown Trump on a downward slope, the president improved a hair with voters according to a new exclusive Daily Mail/J.L. Partners poll, even as they give him failing grades for his handling of the Jeffrey Epstein files. Forty-nine percent of voters now approve of Trump's job performance as president, up one point from the tracking survey conducted earlier in July. But he remains underwater as 51 percent disapprove of Trump's job performance, down one point from earlier in the month. The margin of error in the survey of 1,007 registered voters is 3.1 percent. The poll numbers suggest Trump is surviving politically during a punishing news cycle consumed by the Epstein files and his administration's failure to disclose them as he promised during his presidential campaign. The president's job approval is up one percentage point from June and remains his highest rating since May. 'The news saga might have seemed terrible for Trump in the last few days, but it isn't having an impact on his approval rating,' James Johnson, JL Partners co-founder told the Daily Mail. 'In fact, we think it's going up, from 48 percent to 49 percent, making this his best approval rating since May. His ratings with the base is holding up too, unchanged on 91 percent with Republicans,' Johnson continued. But Trump's strong job approval ratings does not carry over to his handling of the Epstein files. Forty-two percent of voters disapprove of his handling of the issue while just 27 percent approve. A significant number of voters, 20 percent, did not appear to care about the case as they neither approved nor disapproved Trump's handling of the issue. In the Oval Office on Wednesday, Trump referred to the ongoing saga as a 'witch hunt' indicating he was tired of answering questions from the media about it. Despite the president's best efforts to put the issue behind him, few voters believe in the administration's assessment of the case. Only fifteen percent in the poll said they believed the Justice Department's memo released by Attorney General Pam Bondi concluding that Epstein committed suicide in prison and that the infamous pedofile did not have a 'client list' they could release. Forty-seven percent said they did not believe the administration's account of the Epstein case, and that they believed there was more secrets to uncover. Twenty-three percent said they believed the Trump administration memo, but that there was more to uncover in the case. 'This is despite voters disapproving of his handling of the Epstein scandal. What explains the difference? Voters simply do not rate it highly on their list of priorities,' Johnson said. Ninety percent of the Republican voter base continue to grant the president solid approval ratings, despite their misgivings about the Epstein files. The poll was conducted as Trump furiously contested a Wall Street Journal report that he had signed a letter to Epstein for his 50th birthday which concluded: 'Happy Birthday - and may every day be another wonderful secret,' and featured a hand-drawn image of a naked woman as well as his signature. Trump decried the news article as 'fake' and filed a $10 billion lawsuit against the company. 'They are judging Trump on other issues - such as the economy, the southern border, and how he is actually running the country. Their grumbles on the Epstein handling are not enough for them to turn on their man,' Johnson said. While the majority of Republicans, 52 percent, give Trump a passing grade on his handling of the Epstein files, just 13 percent of Independent voters feel the same way. Fifty percent of independent voters in the survey said they disapproved of the way the Trump administration has handled the Epstein files case.

Stocks cheer the art of Trump's trade deals after EU agreement
Stocks cheer the art of Trump's trade deals after EU agreement

Reuters

time22 minutes ago

  • Reuters

Stocks cheer the art of Trump's trade deals after EU agreement

SINGAPORE, July 28 (Reuters) - Global stocks rose and the euro firmed on Monday after a tradeagreement between the United States and the EU lifted sentiment and provided clarity in a pivotal week headlined by the Federal Reserve and the Bank of Japan policy meetings. The U.S. struck a framework trade agreement with the European Union, imposing a 15% import tariff on most EU goods - half the threatened rate, a week after agreeing to a trade deal with Japan that lowered tariffs on auto imports. Countries are scrambling to finalise trade deals ahead of the August 1 deadline, with talks between the U.S. and China set for Monday in Stockholm amid expectation of another 90-day extension to the truce between the top two economies. "A 15% tariff on European goods, forced purchases of U.S. energy and military equipment and zero tariff retaliation by Europe, that's not negotiation, that's the art of the deal," said Prashant Newnaha, senior Asia-Pacific rates strategist at TD Securities. "A big win for the U.S." S&P 500 futures rose 0.4% and the Nasdaq futures gained 0.5% while the euro firmed across the board, rising against the dollar, sterling and yen. European futures surged nearly 1%. In Asia, Japan's Nikkei slipped after touching a one-year high last week while MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab was up 0.27%, just shy of the almost four-year high it touched last week. While the baseline 15% tariff will still be seen by many in Europe as too high, compared with Europe's initial hopes to secure a zero-for-zero tariff deal, it is better than the threatened 30% rate. The deal with the EU provides clarity to companies and averts a bigger trade war between the two allies that account for almost a third of global trade. "Putting it all together, what we've seen with Japan, with the EU, with the talks which are due to be held in Stockholm between the U.S. and China, it really does negate the risk of a prolonged trade war," said Tony Sycamore, market analyst at IG. "The importance of the August tariff deadline has significantly been diffused." The Australian dollar , often seen as a proxy for risk sentiment, was 0.12% higher at $0.65725 in early trading, hovering around the near eight-month peak scaled last week. In an action-packed week, investors will watch out for the monetary policy meetings from the Fed and the BOJ as well as the monthly U.S. employment report and earnings reports from megacap companies Apple (AAPL.O), opens new tab, Microsoft (MSFT.O), opens new tab and Amazon (AMZN.O), opens new tab. While the Fed and the BOJ are expected to stand pat on rates, comments from the officials will be crucial for investors to gauge the interest rate path. The trade deal with Japan has opened the door for the BOJ to raise rates again this year. Meanwhile, the Fed is likely to be cautious on any rate cuts as officials seek more data to determine if tariffs are worsening inflation before they ease rates further. But tensions between the White House and the central bank over monetary policy have heightened, with Trump repeatedly denouncing Fed Chair Jerome Powell for not cutting rates. Two of the Fed Board's Trump appointees have articulated reasons for supporting a rate cut this month. ING economists expect December to be the likely starting point for rate cuts, but it "may be a 50 basis point cut, if the evidence on weaker jobs and GDP growth becomes more apparent as we anticipate." "This would be a similar playbook to the Federal Reserve's actions in 2024, where it waited until it was completely comfortable to commit to a lower interest rate environment," they said in a note.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store