Tuesday, February 16, 2010

Down with Big Gov't renewable energy subsidies! Let go nuclear instead.......uh, oops!

President Obama is seeking $8.3 billion in federal loan guarantees for new nuclear power plants planned in Georgia. The guarantees put taxpayers on the hook for the money, should the venture fail or run over budget, which is a pretty good possibility.


So, I'm expecting to see conservatives and free-market proponents come out in force against this subsidy with the same fervor they assail subsidies for solar power or wind energy.

But, I'm not holding my breath.

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