The Department of Energy wants to give the Southern Company a nuclear power loan guarantee at better interest rates than you can get on a student loan. And unlike a home mortgage, there may be no down payment.
more: Why Should Nuclear Financing Guarantees Cost Less than Student or Home Loans? | NukeFree.org | Breaking Nuke News | NukeFree.org
SignOn.org - Stop the New Nuke Power Loan Guarantees
The Department of Energy is poised to give $8.33 billion in loan guarantees to the Georgia Vogtle double-reactor project that could irradiate the planet and bankrupt the state. But especially after the Solyndra bankruptcy, details of the deal are coming under intense scrutiny, at the Office of Management and Budget and elsewhere. If we stop this boondoggle there may never be another nuclear plant built in the US.