Obama announces Nuclear Loans

by Rod Edwards on February 16, 2010

Looks like the US is putting rubber on the road in regards to the greening of its energy grid. Of course, some would argue that nuclear is the farthest from green that one can get; Personally, I side with the nuclear crowd, and place my faith in new technologies like molten salt thorium reactors to deliver copious amounts of clean energy to areas not effectively served by renewable sources.

President Obama is announcing funding to break ground on the first new nuclear power plant in nearly three decades. In Lanham, Maryland Tuesday morning, Mr. Obama will announce the first loan guarantee for the construction and operation of two new nuclear reactors at a Southern Company plant in Burke, Georgia. Southern Company says approximately 3,000 onsite construction jobs and approximately 850 permanent operations jobs will be created and the facility will power 550,000 homes.

via President Obama Announces Loan for Nuclear Power Plant « Row 2, Seat 4.

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