STOP NUCLEAR BAILOUT

On Thursday, July 15, the House Energy and Water subcommittee is scheduled to vote on $25 billion in loan guarantees for new nuclear reactors in the FY2011 Energy and Water Appropriations bill.

Only last month, the House passed $9 billion in nuclear loan guarantees in the 2010 Supplemental Appropriations bill (it has not yet passed the Senate). Together with the Department of Energy’s existing nuclear loan guarantee authority, the US taxpayer’s burden would be tripled to an enormous $52.5 billion.

The additional $25 billion in nuclear loan guarantees comes at the behest of Rep. Chet Edwards (D) to fund two proposed reactors at Comanche Peak in his district in Texas. The proposed new reactors have an uncertified and untested design, and are years away from licensing approval.

Putting another $25 billion into costly, economically risky and polluting new reactors will be at the expense of solving climate change with clean, renewable energy and efficiency.

Call or email your Representatives today and tell them that these subsidies are unacceptable:
Click here to email your Rep: http://www.psr.org/take-action/safe-energy/stop-25-billion-in-nuclear.html

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