Beyond Nuclear - Wall Street

Wall Street

Unlike in the 1970s - when the nuclear industry became "the largest managerial disaster in business history" (according to Forbes magazine) - Wall Street is no longer prepared to underwrite new reactor construction and is looking to the U.S. taxpayer to take the risk and foot the bill.

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Entries from March 1, 2011 - March 31, 2011

Thursday

Mar102011

Wall Street Journal poll finds 57% of Americans want nuclear power subsidies cut

U.S. taxpayers--call your U.S. Senators and urge them to eliminate the crushing burden of new atomic reactor subsidies, such as nuclear loan guarantees!A poll by the Wall Street Journal and NBC has found that 57% of Americans polled supported the elimination of subsidies for the construction of new atomic reactors as a budget trimming measure in these hard financial times for the U.S. Treasury. The Wall Street Journal reported that "When it comes to reducing spending, the most popular targets were subsidies to build nuclear power plants..."

March 10, 2011 |

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