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« Beyond Nuclear denounces President Obama's decision to transfer risks for new atomic reactors onto U.S. taxpayers | Main | Obama DOE to grant first new atomic reactor federal loan guarantee to Plant Vogtle in Georgia »
Monday
Feb152010

Nuclear power industry has spent nearly $650 million in lobbying and $63 million in campaign contributions in past decade alone

The Investigative Reporting Workshop at American University's School of Communication, in collaboration with McClatchy Newspapers, published "Nuclear energy lobby working hard to win support" by Judy Pasternak last month. The article reports that nuclear utilities, labor unions, and other companies with financial interests in nuclear power's expansion have "invested" large sums of money on Capitol Hill in an attempt to win legislative victories to subsidize new reactors, open a national radioactive waste dump at Yucca Mountain, and achieve other industry priorities. In addition, the Obama administration's close ties to Exelon Nuclear, the largest nuclear utility in the U.S., are documented.