The U.S. Senate Appropriations Committee late on the night of January 27 snuck in a provision to President Obama’s economic stimulus package that would allow as much as $50 BILLION of your dollars to be used as loan guarantees for construction of new nuclear reactors. This would be on top of the $18.5 Billion taxpayer dollars already authorized by Congress during the Bush administration.
Please CALL your Senators today (202-224-3121).
These loan guarantees would mean more nuclear reactors and more radioactive waste piling up in communities across our country. They would also mean less money for safer, cheaper and cleaner energy alternatives like solar and wind power.
The provision is vaguely worded. It would authorize $50 Billion in new loan guarantees for “eligible technologies.” These technologies include nuclear, “clean coal,” renewable energy sources and electric transmission. But the stimulus package is intended to create new jobs and economic activity over the next two years. Not only should new nuclear reactors and the false concept of
