Tuesday, February 16, 2010

US to loan money to build nuclear power plants.

BBC:

President Barack Obama has announced more than $8bn (£5bn) of federal loan guarantees to help build the first US nuclear power stations for 30 years.

While I’m happy to hear that we will build some nuclear power plants, I’m not happy that federal loans will be used to fund such a program. It would have been better to curb the restrictions against building such facilities and allowed the market to determine the future of energy production in the United States.

[Via http://csburks.com]

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