Obama’s nuclear power policy: a study in contradictions?
Post by Melissa Pistilli, Uranium Reporter
CS Monitor reports US President’s recent nuclear policy in his State of Union speech.
The Department of Energy recently proposed $36 billion in new federal loan guarantees on top of $18.5 billion already budgeted – for a total of $54.5 billion. That’s enough to help fund six or seven new power plants.
It’s a full-speed nuclear-power gambit that many say is largely a bid to win votes from pro-nuclear senators for legislation to address climate change. But his strategy is generating a firestorm of opposition, amid warnings that much more is at stake than a political calculus.
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