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Republican control of Congress a boost for nuclear power companies

money-lobbyingFlag-USANuclear Power, Banks Seen Gaining in Republican Congress, Bloomberg,  By Todd Shields and Jim Snyder  Nov 5, 2014  Republican control of Congress may boost nuclear power and give banks eased enforcement of consumer laws, though it’s unlikely to yield a rollback of Obamacare over objections of a veto-wielding president.

Oil pipeline builder TransCanada Corp. (TRP) may find a way to advance the Keystone XL pipeline ……Success on these and other items backed by U.S. business will come only from negotiations between President Barack Obama and top leaders of the House and Senate, who in January will be Republican……..

Resolving where the nation sends nuclear waste may be an issue that brings Democrats and Republicans together after Obama and Harry Reid, the Nevada senator and until January majority leader, blocked funding for the proposed nuclear waste site at Yucca Mountain in Nevada.

Solutions such as promoting on-site storage or establishing regional waste sites may now be possible, said Colin Hayes, a lobbyist at McBee Strategic and former Senate energy committee Republican aide.

That would be a boon for nuclear producers such as Chicago-based Exelon Corp. (EXC)……..http://www.bloomberg.com/news/2014-11-05/nuclear-power-banks-seen-gaining-in-republican-congress.html

November 6, 2014 - Posted by | politics, USA

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