nuclear-news

Emergency funds for U.S. troops to be diverted into propping up nuclear industry

Your actions now can stop $9 Billion in new nuke taxpayer loans! Nuclear Information and Resource Service – NIRS, 26 May. 2010, The Obama Administration is attempting to get $9 billion more in loans for new nuclear reactor construction this week. They’re trying to sneak this money on to an emergency supplemental funding bill intended to provide funds for our troops in Afghanistan and Iraq and to provide additional disaster relief money.But there is no emergency requiring new nuclear loans!

To try to appease clean energy advocates, the administration is tying the nuclear loans to an equal amount of loans for renewable energy projects–but renewable energy projects have barely begun to tap their existing loan authority. Unlike for nuclear projects, which are extraordinarily expensive, there is currently plenty of money available for renewables loans…..
Stopping this $9 billion deal would send two clear messages: 1) emergency funding bills should not be used for non-emergency pet projects, especially not dirty and dangerous new nuclear reactors. It is obscene to even attempt to put these loans on an emergency bill like this; 2) not only is the $9 billion unacceptable, so is the full $54.5 billion the administration wants next year! Nuclear Information and Resource Service – NIRS

May 28, 2010 - Posted by Christina Macpherson | general | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin