Despite Bipartisan Support, Nuclear Reactor Projects Falter

The New York Times 

Despite Bipartisan Support, Nuclear Reactor Projects Falter

Stephen Morton for The New York Times

The Energy Department issued the first nuclear loan guarantee for the expansion of the Alvin W. Vogtle plant in Georgia.

By
Published: April 28, 2011

WASHINGTON — In an effort to encourage nuclear power, Congress voted in 2005 to authorize $17.5 billion in loan guarantees for new reactors. Now, six years later, with the industry stalled by poor market conditions and the Fukushima disaster, nearly half of the fund remains unclaimed. And yet Congress, at the request of the Obama administration, is preparing to add $36 billion in nuclear loan guarantees to next year’s budget.

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Comments
One Response to “Despite Bipartisan Support, Nuclear Reactor Projects Falter”
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