The Obama administration should encourage the houses of Congress in granting federal loan guarantees to existing planned expansions of petitioned nuclear power plants.
The Obama administration should also encourage and grant loan guarantees for new expansions of nuclear power plants.
Nuclear power is a safe, environmentally-friendly, and efficient power source that will be greatly needed in the coming years. All that holds back many new units is simply a federal guarantee of existing capital loans.
These plants will create jobs in countless areas around the nation through construction, and eventually the operation of the new units.