Loan Guarantees
New reactor construction is so expensive and unpredictable that no U.S. utility is willing to take the risk without the backing of federal loan guarantees, potentially in the hundreds of billions of dollars. Beyond Nuclear and others fight to prevent the mature nuclear industry from seizing any such subsidies which are better spent on true climate solutions such as renewable energy and energy efficiency programs.
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Thanks to Scott Stapf of the Hastings Group for the tweet above, which points to this August Chronicle article.
January 23, 2016