More Loan Guarantees
September 18, 2008
– Comments (2)
This should only add to the already unaffordable cost of nuclear power.
''Now desperate reactor builders have upped the ante, demanding a wide range of financial give-aways and regulatory favors to jump-start a technology defined by fifty years of proven failure. The centerpiece is a loan guarantee plan to stick taxpayers with 100% of the liability for failed reactor construction projects. The GOP McCain/Palin ticket wants at least 45 new reactors for the US, with a price tag that could easily exceed $500 billion, all of which would be guaranteed by this bill".
Just say no.
Capitol Switchboard: 202-224-3121
*Please call both of your Senators that day with a very simple message: Take taxpayer loan guarantees for nuclear power out of the Gang of 20 energy bill. (note: the bill does not yet have a number. It’s called the New Energy Reform Act of 2008, but everyone will know what you are talking about if you just say “Gang of 20 energy bill.”)
*Please forward this Alert to any and all of your mailing lists.