Huge, rich overseas firms and foreign workers would benefit from US taxpayer backed nuclear loan guarantees

Nuclear Information and Resource Service has published a report documenting that every single new reactor proposal in the US would be designed by either Japanese (Toshiba, Hitachi, Mitsubishi) or French (Areva) reactor vendors. Large nuclear components, such as reactor pressure vessels, would also be supplied by foreign firms, primarily Japan Steel Works. And some of the nuclear utilities proposing new reactors in the US are themselves partially owned by foreign firms. This means that federal loan guarantees for new reactors and uranium enrichment facilities would benefit foreign companies and workers, at US taxpayer risk and expense. The Christian Science Monitor reported this story.