Skip to content
May 10, 2012 / Andrew

Don’t Pay for Next Generation Nukes

Did our government learn nothing from the terrible nuclear disaster at Fukushima?

Little more than one year later, the federal government has opened negotiations with Southern Company – one of the worst-polluting electric utilities in the country – to provide $8.3 billion in loan guarantees for two new nuclear power plants.

Tell Congress: No nuclear loan guarantees »

As we note in our 10 Strikes Against Nuclear Power article, the private sector is largely unwilling to finance nuclear power because of all the risks involved – national security risks, human-health risks, the risk of accidents at nuclear plants, and more.

As the Nuclear Energy Institute reported to the US Department of Energy, “100 percent loan coverage [by taxpayers] is essential … because the capital markets are unwilling, now and for the foreseeable future, to provide the financing necessary” for new nuclear power plants.

We DO have other options that don’t include nukes. We at Green America want the federal goverment supporting truly green solutions like energy efficiency, solar power, wind power – even tidal power. At a time when other nations like Japan and Germany are scaling back or eliminating their nuclear programs, let’s tell Congress loud and clear that we don’t need taxpayer money helping to finance the first US nuclear plants in a generation.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 135 other followers

%d bloggers like this: