Very little foreign oil - or any oil - is used for generating electricity. Thus, talking about reducing dependence on foreign oil by subsidizing nuclear power plants doesn’t directly correlate unless advocating batteries for ground transportation.
Enormously costly capital intensive Nuclear is a more reliable source for electricity than the expensive intermittent sources of wind and solar. But beware that electricity sourced by nuclear is significantly more expensive than power from hydroelectric and clean coal technology sources. See EnergyFreedomCenter.org Power Rankings.
Maybe that’s why this Administration continues its attack on our plentiful, job-creating American coal via proposed draconian EPA regulations, harmful cap and trade energy tax schemes, and UN Climate change regulations.
A few months ago, didn’t this Administration say they were against energy subsidies? And they have shut down the national radioactive waste repository in Nevada. Thus, all nuclear reactor sites will continue to store high level radioactive waste. We must allow reprocessing and recycling of spent radioactive fuel a la the French if nuclear is to maintain or expand its desirability in the US.
The bottom line: Notwithstanding subsidies, our American coal remains the best job creating, most affordable and reliable source for electricity, And coal is available as a source throughout the US and world.
-George Allen
Obama nuke plant loan reflects new energy strategy
Associated Press
Ben Feller
February 13, 2010
The Obama administration’s planned loan guarantee to build the first nuclear power plant in the U.S in almost three decades is part of a broad shift in energy strategy to lessen dependence on foreign oil and reduce the use of other fossil fuels blamed for global warming.
President Barack Obama called for “a new generation of safe, clean nuclear power plants” in his Jan. 27 State of the Union speech and followed that by proposing to triple loan guarantees for new nuclear plants. He wants to use nuclear power and other alternative sources of energy in his effort to shift energy policy.
Obama in the coming week will announce the loan guarantee to build the nuclear power plant, an administration official said Friday. The two new Southern Co. reactors to be built in Burke, Ga., are part of a White House energy plan that administration officials hope will draw Republican support.
CLICK HERE to continue reading.