Saturday, March 31, 2012

since private investors simply don't want to touch nuclear:


"They've asked the federal government for loan guarantees to support the project, and they have not revealed the terms of that loan guarantee … it's socializing the risk and privatizing the profits."
The Nuclear Information and Resource Service, noting the ongoing Republican attack on President Obama's loan guarantee to the failed solar power company Solyndra, said:
"The potential for taxpayer losses that would dwarf the Solyndra debacle is extraordinarily high … this loan would be 15 times larger than the Solyndra loan, and is probably 50 times riskier."
As long as our politicians dance to the tune of their donors, the threat of nuclear disaster will never be far off.

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