31 Jan '13, 4pm

Nuclear Opponents Invoke Solyndra: Critics raise the prospect that the expansion of Plant Vogtle in Georgia coul...

Nuclear Opponents Invoke Solyndra: Critics raise the prospect that the expansion of Plant Vogtle in Georgia coul...

Associated Press Part of the containment vessel for a new reactor, left, at the Plant Vogtle nuclear power plant near Augusta, Ga. Critics assert that construction may rely on a federal loan guarantee, but the builders have not yet brokered one. Are new nuclear power plants a good bet for taxpayers? Congress evidently thought so in 2005, when it set aside $17.5 billion in loan guarantees to help restart nuclear construction in this country after a three-decade drought. The theory at the time was that nuclear power was essential to maintaining diversity in the nation’s electric power system and to cutting carbon dioxide emissions by reducing reliance on fossil fuels. The program was signed into law by President George W. Bush, and President Obama later proposed expanding that program to more than $50 billion. Eight years later, no actual loans have been made, and opponents ...

Full article: http://green.blogs.nytimes.com/2013/01/31/nuclear-opponen...

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