nuclear-news

U.S. Energy Secretary wants to add another $13 billion to the $54 billion nuclear loans!

Steve Chu Looks For $13 Billion For Nuclear Plant Loan Program Energy Secretary Steven Chu Seeks $13 Billion For Nuclear-Plant Loan Program Nuclear Power Industry News – Edited by Mark McFadden 7 May, 2010–According to a Dow Jones report, an additional $13 billion in loan-guarantee authority is needed if the U.S. Department of Energy is to award three more nuclear-power projects, Energy Secretary Steven Chu said Speaking before a Senate appropriations subcommittee. Typically, about $100 million in government money can leverage around $1 billion in loan guarantees……. In the White House’s 2011 budget, the DOE asked for a total of $54 billion in loan-guarantee authority to move ahead several other nuclear-power projects.

Steve Chu Looks For $13 Billion For Nuclear Plant Loan Program – Nuclear Power Industry News

May 7, 2010 - Posted by Christina Macpherson | politics, USA | antinuclear, nuclear, nuclear costs, nuclear spin