Nuclear Loan Guarantees: Another Taxpayer Bailout Ahead?

Advocates of nuclear power are promoting a “nuclear renaissance,” based on claims that a new generation of reactors will produce relatively cheap electricity while solving the threat posed by global climate change. As of October 2008, U.S. utilities and power producers had already proposed building about 30 new nuclear reactors. And some analysts have called for building 300 new plants by mid-century.