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President Obama losing credibility on environment

In his State of the Union speech, President Obama called for “a new generation of safe, clean nuclear power plants.” After issuing $8 billion in nuclear energy loan guarantees in February, the administration is poised to announce another $9 billion for the nuclear energy industry. The Energy Department also just announced a $2 billion loan guarantee to French-owned Areva Inc. for construction of a uranium enrichment plant in Idaho after a ban on such private facilities since the 1970’s.

Are Obama’s Energy Plans Jinxed?, THE HUFFINGTON POST, D.A. Barber, 26 May 2010, President Obama’s inability — or unwillingness — to take control of the Gulf Coast oil disaster seems to be part of a larger pattern. Many environmentalists say they feel betrayed by a president they thought would end, or sharply limit, many environmental horrors of the past.
Obama has promised a comprehensive climate and clean energy policy that invests in energy efficiency and renewable power. But the president himself had acknowledged that getting 60 votes to pass an energy bill through the Senate will require significant concessions on nuclear power, “clean coal,” and offshore oil drilling.

Critics feel its business as usual in Washington.

………. What’s scary is — if disasters come in threes — President Obama is giving the nuclear industry a new life through loan guarantees.

In his State of the Union speech, President Obama called for “a new generation of safe, clean nuclear power plants.” After issuing $8 billion in nuclear energy loan guarantees in February, the administration is poised to announce another $9 billion for the nuclear energy industry. The Energy Department also just announced a $2 billion loan guarantee to French-owned Areva Inc. for construction of a uranium enrichment plant in Idaho after a ban on such private facilities since the 1970’s.D.A. Barber: Are Obama’s Energy Plans Jinxed?

May 28, 2010 - Posted by Christina Macpherson | general | enriched, nuclear costs, uranium