President Obama to Announce Nuke Plant Loan

NEWSMAX.COM / AP: President Barack Obama next week will announce a loan guarantee to build the first nuclear power plant in the United States in almost three decades, an administration official said Friday.

The two new Southern Co. reactors to be built in Burke, Ga., are part of a White House’s energy plan that administration officials hope will draw Republican support. ….

Even with next week’s announcement, actual construction of the first reactor is still years away…

Environmentalists… said renewable energy such as wind and solar are more cost-effective than nuclear power and do not come with side effects such as radioactive waste.  (more)

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