Thursday, May 8, 2014

U.S. Government Will Back Loans For Nuclear Power

Geewax, M. (2014, February 19). U.S. Government Will Back Loans For Nuclear Power. The two-way, Retrieved from http://www.npr.org/blogs/thetwo-way/2014/02/19/279630881/u-s-government-will-back-loans-for-nuclear-power

The containment vessel for a new nuclear reactor at the Vogtle nuclear power plant under construction near Augusta, Ga., in December 2012.

The secretary of energy has announced a multibillion-dollar loan for building nuclear reactors in Georgia. The last reactors built in this country were about 30 years ago. President Obama considers nuclear reactors a renewable energy source that is carbon free. A member of Friends from Earth brought up the nuclear diaster of Fukushima, to which the secretary of energy and president of energy are ignoring. Instead they're encouraging that these energy sources will have lower carbon emissions, and over all fight climate change despite the negative events that have rotated around nuclear reactors. Georgia Power and Oglethorpe Power will recieve a combined 6.5 billion dollar loan to finish building the nuclear power plant expansion. 

So is Nuclear power 
 "Too risky to finance, too slow to build and too dangerous to be part of a meaningful energy 
solution." - Fuch
or 
"A major milestone in the administration's commitment to jump-start the U.S. nuclear power
 industry." -Moniz 

If you'd like to read the complete article the link to the website is as
follows-> http://www.npr.org/blogs/thetwo-way/2014/02/19/279630881/u-s-government-will-back-loans-for-nuclear-power


No comments:

Post a Comment