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The Nuclear Subsidy Tango of Bill Gates and Joe Manchin

Bill Gates sold West Virginia Sen. Joe Manchin on this year’s Democratic climate spending blowout as a way to put unemployed coal workers to work building advanced nuclear reactors.

Now we learn, belatedly, that these projects depend on Russia for fuel and will cost taxpayers more than
advertised. The Energy Department last year awarded up to $2 billion for an advanced nuclear reactor “demonstration” project in Wyoming being developed by TerraPower, a company Mr. Gates founded. These advanced reactors have been promoted because they take up significantly less space than conventional reactors and could theoretically use reprocessed nuclear fuel.

Wall St Journal 22nd Dec 2022

https://www.wsj.com/articles/the-subsidy-tango-of-bill-gates-and-joe-manchin-terrapower-climate-spending-john-barrasso-jennifer-granholm-11671741449

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December 26, 2022 - Posted by | politics, USA

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