Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, October 29, 2010

A Bipartisan Energy Solution: Nuclear Power By Joe Klein Read more: http://www.time.com/time/politics/article/0,8599,2027941,00.html#ixzz13lhW2pid

Opinion: 0% interest loans for plant construction would revive industry
President Barack Obama should consider pushing a nuclear plan that would help address the financing issues and red tape that are restricting the growth of the U.S. nuclear industry, writes Joe Klein. Providing "direct, no-interest construction loans" instead of loan guarantees would be a boost for the sector, he writes. Such a program would create up to 70,000 construction jobs, as well as help the U.S. reach its emissions-reduction and energy-independence targets, Klein adds.  More at: TIMEhttp://www.time.com/time/politics/article/0,8599,2027941,00.html
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