Wednesday, September 11, 2013

The next Solyndra? $8 billion U.S. loan guarantee for nuke reactors too risky



"Think what you want about nuclear power. Maybe it’s the best way to generate electricity, and maybe it’s the worst. If you are a taxpayer, that debate may be less relevant than the one aimed right at your pocketbook."

...Americans may be divided on the use of nuclear power, but very few people will defend the notion that massive utilities should be relying on taxpayers to build nuclear reactors. The bottom line is clear: Putting the full faith and credit of the U.S. government behind this costly, high-risk Vogtle reactor project is fiscally irresponsible.

The next Solyndra? $8 billion U.S. loan guarantee for nuke reactors too risky

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