[ RadSafe ] Obama announces loan guarantees for two nuclear reactors
doug.huffman at wildblue.net
Tue Feb 16 12:31:48 CST 2010
On 2/16/2010 07:25, Perle, Sandy wrote:
> Obama announces loan guarantees for two nuclear reactors
> February 16, 2010 12:05 p.m. EST
> STORY HIGHLIGHTS
> * New reactors would be built near Augusta, Georgia
> * The reactors would be part of an expansion of an existing nuclear facility
> * 3,500 on-site construction jobs and 850 permanent operations jobs projected, officials say
> * Obama's proposed budget triples loan guarantees for nuclear power plants
> Washington (CNN) -- President Obama announced $8.3 billion in loan guarantees Tuesday for two nuclear reactors to be built in Burke County, Georgia.
> No new nuclear power plants have been built in the United States in three decades.
> The new reactors are to be part of an expansion of an existing nuclear facility near Augusta, Georgia, operated by Atlanta-based Southern Co.
> The loan guarantees will help create 3,500 on-site construction jobs and 850 permanent operations jobs, administration officials claimed. The reactors will help provide power to over 550,000 homes and 1.4 million people, it said.
> "This is only the beginning," Obama said during a visit to an International Brotherhood of Electrical Workers training facility in Lanham, Maryland. "We'll continue to provide financing for clean energy projects ... across America."
> The president acknowledged that construction of new nuclear facilities will meet with some political resistance. Nuclear development has traditionally been opposed by more progressive elements of the Democratic Party.
> "The fact is, even though we have not broken ground on a new nuclear plant in nearly 30 years, nuclear energy remains our largest source of fuel that produces no carbon emissions," Obama said.
> "To meet our growing energy needs and prevent the worst consequences of climate change, we'll need to increase our supply of nuclear power. It's that simple."
> At the same time, the president argued, traditional Republican proponents of nuclear power should acknowledge that comprehensive energy legislation is needed to help provide incentives making clean energy more profitable.
> Any new nuclear facilities, he promised, will "be held to the highest and strictest safety standards."
> Obama's proposed fiscal year 2011 budget triples loan guarantees for nuclear power plants to over $54 billion, the White House noted.
> Sander C. Perle
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The godfather of talk radio properly and acutely observed today that
without a proper waste depository this is empty political posturing.
Dirty Harry Reid will not allow our teleprompter in chief to do what is
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