“British aerospace group Rolls-Royce on Tuesday received backing from the U.K. government to build the country’s first small modular nuclear reactors. The announcement follows a two-year selection process and reaffirms Britain’s embrace of nuclear power, particularly as it also pledged on Tuesday to invest £14.2 billion ($19.2 billion) to build the large Sizewell C power station in eastern England…Britain’s center-left Labour government said the plans could support up to 3,000 jobs and power the equivalent of 3 million homes once the SMRs are connected to the grid in the mid-2030s.”From CNBC.