So THAT'S why the nuclear power plant is being touted as a greast idea for the future of America. As the "Washington Post" explains today, you taxpayres are guaranteeing loans, covering insurance costs and grantring hefty subsidies. Thank you, thank you. From the bottom of my reactor I thank you on behalf of all nuc plants everywhere.
The "Post" explains, "Among the biggest reasons for renewed interest in nuclear power are the tax breaks, loan guarantees and other subsidies in the Energy Policy Act of 2005." Sound a little like corn and biofuel?
And opposition quoted by the "Post:" "I don't take the position that there should be no nuclear power, but I believe that the price of the energy they produce should be reflective of their actual cost structure and they should not be shifting their risk of cost overruns and poor performance to us, the taxpayers,' said Doug Koplow, a Cambridge, Mass., researcher whose Earth Track consultancy monitors government energy subsidies. "Many environmental groups, torn between concern about climate and long-standing antipathy toward nuclear power, are seizing on the cost issue. 'We're not an anti-nuclear group,' says Jeremy Symons, executive director of the global warming program at the National Wildlife Federation. 'But it doesn't make sense for the government to be investing in nuclear when the money could be put into renewables and energy efficiency."
If there becomes a federal standard for curtailing greenhouse gases, say under the next President, then nucs become even more attractive to big utlities because they produce very little CO2 or other greenhouse emissions. Some European countries with limited fossilfuel supplies alfready dependheavcily on nuclear power. The U.S. get less than 9% of its electricity from nuclear power right now. There's currently only two permit applications for a new nuc before the U.S. Nuclear Regulatory Commission. The first was filed last month. The fall-out from that application to enlarge a plant in Texas has been negligible. And now the NRC now expect more than thirty applications to be filed over the next two years. And, fellow taxpayer, I gotta thank you for your heartfelt generosity pertaining to this matter.