Friday, April 29, 2011

Despite Bipartisan Support, Nuclear Reactor Projects Falter -

Matthew Wald
"WASHINGTON — In an effort to encourage nuclear power, Congress voted in 2005 to authorize $17.5 billion in loan guarantees for new reactors. Now, six years later, with the industry stalled by poor market conditions and the Fukushima disaster, nearly half of the fund remains unclaimed. And yet Congress, at the request of the Obama administration, is preparing to add $36 billion in nuclear loan guarantees to next year’s budget."

No comments:

Post a Comment

Blog Archive