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July 26, 2011 / David Bleeker

U.S. Renewables Outpace Nuclear Power

U.S production of energy from renewable sources recently passed that from nuclear reactors despite administration efforts to revitalize U.S. nuclear power generation with federal loan guarantees for constructing new nuclear reactors.

In his 2011 State of the Union speech, President Obama said, “We need more production, more efficiency, more incentives. That means building a new generation of safe, clean nuclear power plants in this country.”

Obama’s attempt to paint nuclear energy green, however, was before the nuclear disaster in Japan, which has prompted nations worldwide to back away from nukes, including Germany which has pledged to concentrate on renewable energy and shut down all its nuclear power plants by 2022.

The Obama Administration, on the other hand, is currently proposing to add $36 billion to the current $18.5 billion in loan guarantees for new nuclear power plant construction in its FY2011 budget, bringing the total to $54 billion—nearly tripling the money currently available for new nuclear reactors. [read more]

Photo courtesy of Blatant World.

 

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