What's not to like about nuclear power? It's cleaner than coal-fired power. It will help meet our growing energy needs at a time when it's important to increase our energy independence. And it annoys the environmentalists. So this is win, win, win:
President Barack Obama will announce on Tuesday plans for the government to help finance the construction of two nuclear reactors -- the first in nearly 30 years, a top US official said.
Obama, who has advocated reducing foreign energy dependency and cutting back on greenhouse gases, will use a 2005 law that authorizes the Energy Department to guarantee loans to projects that help reduce greenhouse gas emissions.
Of course, if the Obama administration hadn't caved in and stopped funding Yucca Mountain, we'd still have a place to put the nuclear waste, which would have made it even better. Now they're going to spend who knows how much on a blue ribbon commission to come up with a solution we had already found at a cost of about $9 billion to taxpayers.
