STOP TAXPAYER LOAN FOR NEW NUCLEAR REACTORS
TO: PRESIDENT OBAMA, ENERGY SECRETARY MONIZ
The Department of Energy first approved a conditional taxpayer loan for two new nuclear reactors at the Vogtle site in Georgia more than 3 1/2 years ago. That loan still has not passed muster with your own Office of Management and Budget. It is clear that the utilities involved simply want a sweetheart deal for that loan that would put more than $8 billion tax dollars at substantial risk. The conditional loan guarantee was granted under the presumption that the reactors would be built on time and on budget. Yet these reactors are already about two years behind schedule and hundreds of millions of dollars over budget, according to the Georgia Public Service Commission's own watchdog. Meanwhile, electricity demand in the region is growing far slower than projected when this project began in 2008. I remind you that the original Vogtle reactors were 1200% over budget when completed! The potential for taxpayer losses that would dwarf the Solyndra debacle is extraordinarily high. Please reject this loan completely and permanently now.
another petition -
No more tax dollars for nuclear power!
Tell President Obama to cancel the Vogtle Loan Guarantee! We don't want or need new nuclear reactors.
see also: whats up: #StopCWIP | stopcwip.com | Repeal Georgia Nuclear Tax | #StopPlantVogtle
more petitions: whats up: TAG = PETITION