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Legal action seeking disclosure of USA nuclear loan guarantees

“This is too large a sum of taxpayer’s money, being spent on too risky a project for there to be this much cover-up and secrecy. This is the first award of what could be tens of billions of dollars more in new federal subsidies for the nuclear industry — setting the precedent of hiding the financial ball from the public in round one is a bad start,”

Energy Dept. faces suit over nuclear plant docs, The Hill’s E2-Wire.By Ben Geman – 08/10/10 A group that promotes renewable energy is suing the Energy Department (DOE) to compel disclosure of documents related to federal loan guarantees for an Atlanta-based utility giant to build two nuclear reactors in Georgia.
The lawsuit highlights a political divide between the White House — which strongly supports nuclear power and wants to expand federal financing — and the many environmental groups that oppose new reactors.
The Obama administration in February announced its intent to provide $8.3 billion worth of loan guarantees to Southern Co. to help launch what the nuclear industry hopes will be the first wave of new plants in decades.

But in a lawsuit filed in federal court on Monday, the Southern Alliance for Clean Energy said DOE has stonewalled a Freedom of Information Act request about the loan guarantees that the group filed in March.

“This is too large a sum of taxpayer’s money, being spent on too risky a project for there to be this much cover-up and secrecy. This is the first award of what could be tens of billions of dollars more in new federal subsidies for the nuclear industry — setting the precedent of hiding the financial ball from the public in round one is a bad start,” said Stephen Smith, the group’s executive director…….

Energy Dept. faces suit over nuclear plant docs – The Hill’s E2-Wire

August 11, 2010 - Posted by | Legal, USA | , , , ,

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