esrothschild

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    Energy legislation

    While it has remained somewhat under the radar, there is a strong effort by Senator Pete Domenici (R-NM) to push for much more taxpayer support for nuclear power.  He not only wants to remove congressional authority to set a cap on multi-billion dollar nuclear loan guarantees (allegedly for "innovative" technologies," but he also wants nuclear to have a huge amount -- $25 billion a year -- dedicated to a mature industry that can't compete in the marketplace.  While his provision may not appear in the energy bill, it is a very good bet that he will try to get $25 billion in nuclear loan guarantees in the Energy & Water Appropriations bill now being negotiated.  Voices need to be raised and congressional offices contacted.On Greens need to learn how to celebrate their friends and their movement posted 1 year, 11 months ago 31 Responses

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