The President announcing tax credits to help in the building of two nuclear power plants. The tax credits total over $8 billion, and indicate a renewed support for the nuclear industry from a Democratic Administration. The President talked of safety, and of the unresolved issue of how to handle nuclear waste, but he moved solidly into the pro-nuclear camp with this announcement. What is critically important is the concept of reducing our dependence on foreign oil, and moving towards energy self sufficiency. The President took a small step in the right direction with this announcement.
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Your Honor,
He has finally figured out ‘renewable’ energy can’t compete with with oil, gas and coal.
This will go the way of his other cockamamie ideas as well.
Jules
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