Tuesday, February 16, 2010

Obama Funds First New Nuclear Plants In 30 Years

http://www.cnn.com/2010/POLITICS/02/16/obama.jobs/index.html?iref=allsearch
President Obama recently announced an $8.3 billion loan to build two new nuclear power plants in Burke County Georgia. This project will give energy to 550,000 homes, and 1.4 million people, as well as create thousands of temporary and permanent jobs. However, like any other nuclear endeaver, there is opposition. Ben Schreiber of Friends of the Earth had this to say about the mater, "The Department of Energy is putting taxpayers on the hook for bailing out costly and dangerous nuclear reactor projects when the loans used to finance those projects default. This is great news for Wall Street but a bad deal for Main Street." However President Obama promises that all new nuclear facilities will be held to the highest safety standards, and will benefit both the economy and the ecosystem.
Do you think nuclear energy is a valuable or dangerous tool? Under what conditions should it or should it not be used?

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