FACT SHEET - Energy Bill to Allow Nuclear Power to Gobble up Loan Guarantees for Innovative Technologies

Provisions in the pending energy bills would allow the already highly subsidized nuclear power industry to gobble up the lion’s share of taxpayer-funded loan guarantees by removing Congress’ appropriations authority. The Senate version of the energy bill would give the Department of Energy (DOE) discretion to provide guaranteed loans to nuclear and coal projects virtually without Congressional oversight.

Click here to get the file