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CNN Fails to Mention Nuclear’s True Obstacles

Steve Hargreaves, in his November 11th CNN Money article “No money, no nukes,” reports that nuclear will not move forward without subsidies. He quotes energy analyst Kevin Book, who says, “You need subsidy dollars for nukes. And no one’s really pushing that right now.” The article does mention the nuclear loan guarantee program but fails to mention that President Obama announced $8.3 billion in federal loan guarantees today to commence projection construction on two nuclear reactors in Burke County, Georgia.

But the problem is not just money or finding new ways to subsidize the nuclear industry. … Continue Reading