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Tom Rinaldo

(23,187 posts)

13. Nuclear plants would all be bankrupt if it weren't for federal liability guarentees

Reply to Bonduel (Reply #10)

Wed Feb 19, 2014, 03:06 PM

Feb 2014

Or in most cases they wouldn't even exist. And no companies could have afforded the massive R&D costs of developing nuclear power if weren't for off the charts military spending on nuclear weapons. They are counting on the federal government to solve the waste problems for them also.

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Highlight:

Nation's first new nuclear plant expected to secure $6.5 billion in federal loan guarantees [View all] bananas Feb 2014 OP

Reuters: National Press Club on Wednesday at 12:30 p.m. EST. bananas Feb 2014 #1

GA Pub Service Commissioner doesn't know the terms of the deal - yeah, RIIIGHT---his share is BIG wordpix Feb 2014 #17

What a fucking joke! peoli Feb 2014 #2

The Obama Administration Le Taz Hot Feb 2014 #3

It won't be long now until they open their pie holes warrant46 Feb 2014 #8

I can't agree more---they're to blame as much as Lindsey Graham and the rest wordpix Feb 2014 #18

This is nothing but a testimony to human stupidity and greed. n/t Triana Feb 2014 #4

Unfreaking Believable! newfie11 Feb 2014 #5

But it's a wasteful Government imposed program if we provide subsidies for Solar Tom Rinaldo Feb 2014 #6

If it goes bankrupt like the solar companies then Bonduel Feb 2014 #10

Nuclear plants would all be bankrupt if it weren't for federal liability guarentees Tom Rinaldo Feb 2014 #13

correct- the reason these corp's came to the feds for loans is they can't get them privately wordpix Feb 2014 #16

Really? FBaggins Feb 2014 #19

There would be no nuclear power industry without the Price Anderson Act Tom Rinaldo Feb 2014 #20

Often repeated... never true. FBaggins Feb 2014 #23

Are you suggesting that the nuclear industry feels PA is placing an unfair burden on them? Tom Rinaldo Feb 2014 #24

Of course not FBaggins Feb 2014 #25

This is not good news for Democrats. Where will saidsimplesimon Feb 2014 #7

Jobs, power and infrastructure... Lost_Count Feb 2014 #9

huge financial risk on the public's back, known safety/environ'l issues with this industry wordpix Feb 2014 #15

this is so so so so so so so so so so x 1 million, stupid. peoli Feb 2014 #11

Keep this in mind Steerpike Feb 2014 #12

all profits to big corp's, all risks to the American public wordpix Feb 2014 #14

Everyone chill the fuck out. It's all good. jsr Feb 2014 #22

With cost overruns, they'll need $65 billion jsr Feb 2014 #21

Fantastic!! Finally we're building NEW nuclear power plants in the USA! democratisphere Feb 2014 #26