Friday, January 29, 2010

Obama's Seeking $54 Billion in Nuclear Plant Loans

Obama's seeking republican support on energy. Obama is submitting his budget next week, which will triple the amount for nuclear plants. Also, the Energy department will be studying where the spent fuel goes--it isn't going to Yucca Mountain. Secretary of Energy Steven Chu says nuclear power provides 20% of our electricity but 70% of our carbon-free electricity.