Nuclear Power's Search For the Taxpayer’s Wallet

From rockbridgeweekly.com - As the new Congress convenes in Washington next year, nuclear power’s apparently limitless quest for federal subsidies will test the resolve of representatives elected to end Washington’s culture of entitlement and the costs it imposes on American taxpayers. For ten years now, lobbyists favoring a “renaissance” in building new U.S. reactors have been lining up financial help from taxpayers. They need this help because these new reactors are far more expensive than other ways of generating or saving electricity. Consequently, private investors won’t take the risk of losing a lot of money. More here

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