nuclear-news

Obama and Nuclear Power

Nuclear Power, Part 2: Nukenomics , By Ned Madden, 14 June 13 TechNewsWorld “……..President Barack Obama, who has received throughout his political career significant campaign contributions from the nuclear industry, has consistently been an outspoken advocate for nuclear power.

In Feb. 2010, Obama pledged $8 billion in loan guarantees needed to build the first U.S. nuclear reactors in nearly three decades. Obama’s $27.2 billion FY 2013 budget request for the DoE included $770 million for nuclear energy, with $65 million for cost-shared awards to support first-of-a-kind SMRs, and $60 million for nuclear waste R&D.

Of course, what can be given can also be taken away.

An FY 2014 budget put forward by the administration in April 2013 cut funding for a key plutonium reprocessing facility in South Carolina that transforms weapons-grade plutonium into usable commercial nuclear reactor fuel, and which is a component of the United States’ international nonproliferation efforts. The budget included only $503 million — $183 million less than was provided under last year’s continuing resolution, when Congress failed to pass a budget.,,,,http://www.technewsworld.com/story/78268.html

June 17, 2013 - Posted by Christina Macpherson | politics, USA