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Will a Failed Solar Loan Guarantee Kill New Nukes?

Will a Failed Solar Loan Guarantee Kill New Nukes?

Harvey Wasserman

Republicans up in arms about the infamous failed federal $535 million loan guarantee for the Solyndra solar panel producer are finally tasked to apply the same standards to nuclear power.

If that happens, there will be no more commercial reactors built in the United States.

Unlike solar power, atomic energy cannot attract private capital. So if the GOP succeeds in dragging down the entire federal energy loan program, the “Nuclear Renaissance” could be definitively done.